Dreyfus Municipal Income, Inc. Board Authorizes the Use of Tender Option Bonds in Connection with Any Partial Redemption of Its Auction Rate Preferred Stock (NYX:DMF)

The ability of the Fund to utilize TOBs is based, in part, on the eligibility of its underlying municipal bonds for TOB programs. The extent to which the Fund is able to use TOBs to redeem ARPS depends on market conditions, the Fund's portfolio...