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 Glossary   >   M   >   "Municipal Convertible" Definition   

        Municipal Convertible

A zero-coupon municipal bond that can be converted into an interest-bearing bond under certain circumstances.

Municipal Convertible


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Municipal Convertible - A zero-coupon municipal bond that can be converted into an interest-bearing bond under certain circumstances.


Municipal Convertible : a zero-coupon municipal bond that can be converted into an interest-bearing bond under certain circumstances.