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Finance Dictionary and Glossary of Investment Terms
The difference in yields between a municipal bond and a treasury bond with the same time to maturity. The MOB is sometimes used for determining good tax strategies. MOB is short for 'Municipals-over-Bonds.'
The yield spread between a tax-free municipal bond and a Treasury bond with the same maturity.
The yield spread between tax-free municipal bonds and treasury bonds with the same maturity. "Mob" is an acronym for "municipals over bonds".