municipal note

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  • noun

Words related to municipal note

a municipal debt instrument with a maturity of less than 2 years

References in periodicals archive ?
However, interest on municipal notes, which are obligations of state and local governments, are not subject to federal tax.
Municipal obligations include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
In addition, the local officials believe that acceptance of the SEC offer could impair the county's ability to issue future tax-exempt municipal notes and bonds, as well as encourage lawsuits againt the local government by investors.
Changing the tax laws to provide incentives for banks to purchase municipal notes or bonds would both reduce a city's cost of financing as well as encourage local banks to be a partner in economic development.
Against the background of the total demand for the ruble notes offers in the rare municipal notes started appearing also.
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