Image by Â©iStock.com/nicoolay. Marijuanaâalso called weed, herb, pot, grass, bud, ganja, Mary Jane, and a vast number of other slang termsâis a greenish-gray mixture of the dried, shredded leaves and flowers of Cannabis sativa, the hemp plant.
Municipal Bond Ratings. What is a Bond Rating. A bond rating performs the isolated function of credit risk evaluation. A bond rating does not constitute a recommendation to invest in a bond and does not take into consideration the risk preference of the investor. While many factors go into the investment decision making process, the bond rating is often the single most important factor affecting the interest cost on bonds.
BREAKING DOWN 'Bond Buyer 11'. The average rating of the 11 bonds that make up the index are grade 'Aa2' (Moody's rating) or grade 'AA' (S&P 500 rating). The Bond Buyer 11 index is simply a theoretical and estimated average of bond yields.RELATED TERMS.EFINITION of 'Bond Buyer 11'. An average yield on a particular day of 11 selected general obligation municipal bonds with an average 'AA' rating, maturing in 20 years.