muni

¹ American  

[myoo-nee] / ˈmyu ni /

Or muny

adjective

1. municipal; operated by a municipal government.

   a muni bus company.

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noun

1. a municipal bond.

Muni ² American  

[myoo-nee] / ˈmyu ni /

noun

1. Paul Muni Weisenfreund, 1895–1967, U.S. actor, born in Austria.

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Etymology

Origin of muni

By shortening

Example Sentences

Altfest favors buying individual municipal bonds versus funds for clients because the muni bond market tends to be inefficiently priced, offering smart investors opportunities to get good deals.

From Barron's

A look at muni bond yields supports Altfest’s point.

From Barron's

According to Fidelity External link, the median triple-A-rated muni bond yield with a 10-year maturity currently yields 2.98%, while the highest-yielding bonds of the same category pay 4.06%.

From Barron's

The taxable-equivalent yield for a 4.06% muni yield for a wealthy New York City resident in the top 10.9% state tax bracket, 3.9% city tax bracket, and 37% federal tax bracket is 8.42%—tantamount to a high-yield corporate bond that would have much lower credit quality.

From Barron's

Instead of shopping for themselves, investors can hire a large direct-index and SMA shop such as Parametric, which can build accounts not only of the usual S&P 500-like stock portfolios, but also of individual muni bonds.

From Barron's