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Types of Municipal
Securities Issues |
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Bonds |
Two years or more in
maturity (maturity date less dated date) with fixed or zero interest rate |
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Long Note |
Over nine months in
maturity, but under two years in maturity |
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Short Note |
Nine months or less in
maturity |
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Long Variable |
Variable interest rate
with interest reset period longer than nine months |
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Short Variable |
Variable interest rate
with interest reset period nine months or less |
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CP |
Municipal commercial
paper |
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Other |
Includes issues that
could not be categorized based on available data, CMOs, trusts, forwards, |
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options, etc. |
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