Dollar bonds

Dollar bonds

Municipal revenue bonds for which quotes are given in dollar prices. Not to be confused with "US Dollar" bonds, a common term of reference in the Eurobond market.

Dollar Bond

1. A bond issued in U.S. dollars, especially one issued by a non-American government or company.

2. A bond quoted by price rather than yield. Generally speaking, municipal revenue bonds are the only bonds that use a dollar bond convention.