What is a municipal bond market?

What is a municipal bond market?

Municipal bonds (or “munis” for short) are debt securities issued by states, cities, counties and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways or sewer systems. Generally, the interest on municipal bonds is exempt from federal income tax.

What is municipal Market Data?

Munifacts was a private newswire communication service for municipal bonds which provided information on new municipal bond issues in the primary market and secondary market.

What is MMD in finance?

MMD municipal bonds are categorized by a company called Municipal Market Data that is owned by the financial news reporting agency Thompson Reuters. MMD municipal bonds are high quality, and MMD allows investors to make more informed decisions by using tools available through the MMD software interface.

What is an example of a municipal bond?

A municipal bond is a debt security that has been issued by a local government entity. Examples of these issuers are state, county and city governments. Municipal bonds are commonly used to fund the construction of roads, schools, airports, hospitals, wastewater treatment facilities and other infrastructure projects.

Who can issue a municipal bond?

Municipal bonds (“munis”) are debt securities issued by state and local governments. These can be thought of as loans that investors make to local governments, and are used to fund public works such as parks, libraries, bridges & roads, and other infrastructure.

What is Thomson Municipal Market Monitor?

TM3 is a new integrated Internet/Intranet data service that offers municipal market participants services currently marketed separately by Thomson Market Information Services. The following is a summary. Content: News and Money Markets: *Municipal news (including The Bond Buyer, Munifacts, and Municipal Market Data)

What are MMD rates?

MMD Index means the interest rate released by Municipal Market Data for its “Aaa” General Obligation Yield for uninsured bonds for a term equal to the remaining numbers of years from the effective date of the Alternate Term Rate to the Maturity Date, rounded up to the nearest full year in the event of a partial year. <

How is MMD calculated?

It is calculated by dividing the tax-free yield by the reciprocal of the federal tax rate. The highest U.S. tax bracket of 39.6% is used in this material. While interest on municipal bonds is generally exempt from federal income tax, it may be subject to the federal alternative minimum tax, or state or local taxes.

What is MMD stand for?


Acronym Definition
MMD Major Mental Disorder
MMD Marine Meteorology Division (US Navy)
MMD Mass Median Diameter
MMD Mechanical Music Digest (forum)

What is the risk of a municipal bond?

Both general obligation bonds and revenue bonds are tax-exempt and low-risk, with issuers very likely to pay back their debts. Buying municipal bonds is low-risk, but not risk-free, as the issuer could fail to make agreed-upon interest payments or be unable to repay the principal upon maturity.

Is it a good time to invest in municipal bonds?

Municipal securities have been recently trading rich compared to Treasurys, Levine says. High-yield municipal bond returns are up around 1.5% year to date and have generally outperformed many other fixed-income asset classes such as investment-grade corporate bonds which have gone down 5.3% year to date.

Can you lose money in municipal bonds?

The Bottom Line. If you are investing for income, either municipal bonds or money market funds will pay you interest. Just know that bonds can lose value and money market funds most likely won’t. Note also that since municipal bonds are income-tax free, you are actually making more than the interest rate would indicate …

What are two types of municipal bonds?

There are two major types of municipal bonds: “general obligation bonds” and Investor Assistance (800) 732-0330 www.investor.gov Page 2 “revenue bonds.” Because these types come in many varieties, you should look beyond the short-hand label when deciding whether to purchase.

What is the MMD?

MikuMikuDance (commonly abbreviated to MMD) is a freeware animation program that lets users animate and create 3D animated movies, originally produced for the Vocaloid character Hatsune Miku. Its production was made as part of the VOCALOID Promotion Video Project (VPVP).

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