Municipal Bond
InvestingA bond issued by a state or local government, often providing tax-exempt interest income.
Example
Example: Consider an investor building a $100,000 portfolio. Municipal Bond — a bond issued by a state or local government, often providing tax-exempt interest income. — directly affects investment strategy and long-term returns. Getting this concept right can mean tens of thousands of dollars in difference over a 20-year period. Model your portfolio with our investment calculator.