| Bond Buyer's 20 bond index |
| By Bankrate.com |
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| LIBOR, other interest rate indexes |
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This week |
Month ago |
Year ago |
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Bond Buyer's 20 bond index
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4.67 |
4.59 |
4.61 |
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What it means:
Bond Buyer is a daily publication, commonly known as the Red Book,
featuring many essential statistics and index figures relative to
the fixed income markets. This index tracks the prices of a selected
group of municipal bonds.
How it's used:
It's an index that is used to set the cost of municipal debt. It helps
indicate the direction of municipal bond prices, but otherwise has
little impact on most ordinary investors.
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