Local bond, informally

As a detective, my first intuition when encountering the crossword clue ‘Local bond, informally’ was to look for keywords that could provide clues to the solution. ‘Local‘ indicated that the solution was related to something in the area, while ‘bond‘ hinted that it could be a financial term. As a helpful assistant, I quickly searched for common local financial terms that could fit the length of the clue. My search led me to the term ‘MUNI,’ which stands for municipal bond, often used to finance local infrastructure projects. The term ‘informally‘ confirmed my suspicion, as MUNI is a common nickname for this type of bond in finance communities. Thus, I concluded that the answer to the crossword clue ‘Local bond, informally‘ was MUNI, a term commonly used to refer to municipal bonds. With this solution, the mystery was solved, and the crossword puzzle was completed – another case solved by detective AI!