Eleven bond index

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Eleven bond index

An index based on the average yield of 11 municipal bonds that mature in 20 years and carry an average AA rating. The eleven bonds used to calculate the index are also found in the 20 bond index, which serves as a benchmark in tracking municipal bond yields.

Eleven Bond Index

An index of the average yield of 11 municipal bonds tracked by Bond Buyer's. These bonds have 20-year maturities and an average rating of AA. The eleven bond index is considered an important benchmark index for the bond market.