Content
- What Are Municipal Bonds?
- An Investment For Today's Tax-conscious Investor
- The Advantages of Tax Exemption
- Understanding Yields
- How Safe Are Municipal Bonds?
- Understanding Market Risk
- Understanding Calls
- Gains and Losses
- Bonds With Special Investment Features
- Types of Tax-exempt Municipal Bonds
- Taxable Municipal Bonds
- Other Basic Facts
- The Tax-exempt Municipal Bond Market--How Big and Who Buys?
- Tax-exempt/Taxable Yield Equivalents
- State Taxation of Municipal Bonds for Individuals
- Glossary
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All information and opinions contained in this publication were produced by The Bond Market Association from our membership and other sources believed by the Association to be accurate and reliable. By providing this general information, The Bond Market Association makes neither a recommendation as to the appropriateness of investing in fixed-income securities nor is it providing any specific investment advice for any particular investor. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and sources may be required to make informed investment decisions.
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- An Investment For Today's Tax-conscious Investor
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An Investment For Today's Tax-conscious Investor
Tax-exempt municipal bonds are among the most popular types of investments available today, and with good reason. They offer a wide range of benefits, including:
- Attractive current income free from federal and, in some cases, state and local taxes;
- High degree of safety with regard to payment of interest and repayment of principal;
- Predictable stream of income;
- Wide range of choices to fit in with your investment objectives with regard to investment quality, maturity, choice of issuer, type of bond and geographical location; and
- Marketability in the event you must sell before maturity.
