Twenty 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
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