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mob spread

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Financial Dictionary

MOB spread

The difference in yield between municipal bonds and U.S. Treasury securities of the same maturity. The yield difference is important to investors who are considering the tax benefits of municipal bonds. MOB is an acronym for municipals over bonds.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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