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Glossary Term: BOND BUYER MUNICIPAL BOND INDEX

Definition(s) for BOND BUYER MUNICIPAL BOND INDEX:

1. ) An index of yields based on 40 long-term municipal bonds (AA-rated and A-rated municipal bonds) that is often used to track the performance of tax-free municipal bonds. The index is compiled by The Bond Buyer, a daily trade publication that specializes in fixed-income securities.


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