But someone from Kentucky who bought the Cincinnati bond would have to pay Kentucky tax on the income. Neither investor, however, would pay federal tax on the interest. There are hundreds of thousands of munis in the market. The Wall Street Journal quotes price information for some of the largest bonds that are being actively traded. The name of the issuing municipal government or government agency is listed, along with a series number, if it applies.
Coupon rate is the interest rate, given as a percentage of par value.
Maturity date is the date the bond matures and will be paid off. This Alameda, California, bond comes due on December 1, 2014. All of the ones in this list mature between 2012 and 2033. Price is the amount the bond sold for at the end of the previous trading day, given as a percentage of par. Change is the difference between the price quoted here and the previous day's closing price.