municipal bond index

Definition

A publication issued by Bond Buyer's newspaper. The index is published daily, and tracks municipal bond prices. In order to be tracked by this publication, a bond must fit a variety of characteristics, such as having at least 19 years before it reaches maturity. Investors and traders use this information to analyze the market and predict future activity.

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
municipal bond fund Bond Buyer Index