Bond Buyer's municipal bond index

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Bond Buyer's municipal bond index

A municipal bond price tracking index published daily by the Bond Buyer.

Bond Buyer's Municipal Bond Index

An index of yields on highly-rated municipal bonds. The Bond Buyer's Index is published daily in the Bond Buyer, a daily advisory letter on debt securities. Investment advisers use the Bond Buyer's municipal bond index to evaluate and track changes in new issues of municipal bonds.
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In the tax-exempt market, the Bond Buyer index of 40 actively traded municipal bonds was at 102 13/32 Monday, unchanged from Friday.
Trade execution on Garban-Intercapital's Electronic Trading Community (ETC) will be offered in April for the 40 bonds that comprise the Municipal Bond Buyer Index, as well as a selection of other actively traded bonds.
A month ago, the yield on the Bond Buyer Index jumped to 7.