What is the meaning of Lehman Brothers California Municipal Bond Index?

Lehman Brothers California Municipal Bond Index is a benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in California. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million.

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APABarry Goldsmith. (2010). Lehman Brothers California Municipal Bond Index. Retrieved October 1, 2026, from http://smartdefine.org/lehman_brothers_california_municipal_bond_index/definitions/1157051
ChicagoBarry Goldsmith. 2010. "Lehman Brothers California Municipal Bond Index" http://smartdefine.org/lehman_brothers_california_municipal_bond_index/definitions/1157051 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, Lehman Brothers California Municipal Bond Index, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/lehman_brothers_california_municipal_bond_index/definitions/1157051>.
MLABarry Goldsmith. "Lehman Brothers California Municipal Bond Index" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/lehman_brothers_california_municipal_bond_index/definitions/1157051>