The word "muni" is a short form of the word "municipal," which refers to things related to a city or local government. It can be used to describe services, organizations, or bonds that are connected to a specific city or town. Full definition
In anticipation of the tax bill's passage and of municipalities losing their ability to refund bonds prior to maturity, there was a surge in supply of muni bonds in November and December, with new supply increasing 29.3 % and 207 %, respectively, over prior - year levels. (bbvacompass.com)
The high yield muni market in general has been a stellar performer following the trough of the 2009 financial collapse but there are some striations depending on just which municipalities are covered in a particular holding. (etfbase.com)
The plan is to invest, long and short, in muni bond funds and ETFs. (mutualfundobserver.com)