CUSIP is an acronym for the Committee on Uniform Security Identification Procedures, and the nine-digit, alphanumeric CUSIP numbers that are used to identify securities, including municipal bonds.
A CUSIP number, similar to a serial number, is assigned to each maturity of a municipal security issue.
CUSIP is the unique nine-character alphanumeric identifier assigned to each security issued in the United States or Canada.
The identifier embeds intelligence of security's issuer and issue and is linked to a detailed description of the issue.
