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Investing Glossary:
Lehman Brothers New York Municipal Bond Index
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Lehman Brothers New York Municipal Bond Index
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| Definition: |
| A Benchmark index that includes investment-grade, tax-exempt, and fixed-rate Bonds issued in the state of New York. All securities have Long-term maturities (greater than two years) and are selected from issues larger than $50 million.
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