Twenty bond index(redirected from 20 Bond Index)
Twenty bond index
A benchmark indicator of the level of municipal bond yields. It consists of the yields on 20 general obligation municipal bonds with 20-year maturities with an average rating equivalent to a1l.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Twenty Bond Index
An index tracking the yields of 20 municipal bonds with 20-year maturities and a high average credit rating. It is considered a benchmark for municipal bond yields.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved