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Types of Municipal Securities Issues |
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Bonds |
Over
two years 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 not over 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
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Includes
issues that could not be categorized based on available data, CMOs, trusts,
forwards, |
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options, etc. |
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