DEFINITION of 'Munifacts'

A newswire service for municipal bonds that provides information on new municipal bond issues in the primary market and secondary market.


This news service is of interest to municipal bond traders and is essentially a reporting service which traders require to analyze bond issues, such as the terms included in the bond's indenture and financial information used to assess the quality of the issue.

  1. Indenture

    A legal and binding contract between a bond issuer and the bondholders.
  2. Whoops

    Slang for the Washington Public Power Supply System (WPPSS), ...
  3. Municipal Bond

    A debt security issued by a state, municipality or county to ...
  4. The Bond Buyer

    The Bond Buyer is a municipal bond market daily trade publication. ...
  5. Maturity

    The period of time for which a financial instrument remains outstanding. ...
  6. Capitalization Rate

    The rate of return on a real estate investment property based ...
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  1. Are high yield bonds a good investment?

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  2. Do mutual funds invest only in stocks?

    Mutual funds invest in stocks, but certain types also invest in government and corporate bonds. Stocks are subject to the ... Read Full Answer >>
  3. What are the maximum Social Security disability benefits?

    The maximum Social Security disability benefit amount for a single eligible person in 2015 is $1,165 per month, but you can ... Read Full Answer >>
  4. What is the relationship between the current yield and risk?

    The general relationship between current yield and risk is that they increase in correlation to one another. A higher current ... Read Full Answer >>
  5. What is a 'busted' convertible bond?

    In finance, a convertible bond represents a hybrid security that offers debt and equity features and risks. While a convertible ... Read Full Answer >>
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    Municipal bonds are backed by dedicated taxes or revenue sources related to specific projects, or by the full faith and credit ... Read Full Answer >>

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  1. Zero-Sum Game

    A situation in which one person’s gain is equivalent to another’s loss, so that the net change in wealth or benefit is zero. ...
  2. Capitalization Rate

    The rate of return on a real estate investment property based on the income that the property is expected to generate.
  3. Gross Profit

    A company's total revenue (equivalent to total sales) minus the cost of goods sold. Gross profit is the profit a company ...
  4. Revenue

    The amount of money that a company actually receives during a specific period, including discounts and deductions for returned ...
  5. Normal Profit

    An economic condition occurring when the difference between a firm’s total revenue and total cost is equal to zero.
  6. Operating Cost

    Expenses associated with the maintenance and administration of a business on a day-to-day basis.
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