ELEVEN BOND INDEX


Meaning of ELEVEN BOND INDEX in English

An index based on the average yield of 11 municipal bonds which mature in 20 years and carry an average AA rating . The eleven bonds used to calculate the index are also found in the twenty bond index , and the index serves as a benchmark in tracking municipal bond yields .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.