Taxable Equivalent Yield  

Municipal bonds are sold by cities, counties, states and other political bodies (public hospital, school district).

The federal government and its agencies do not sell municipal bonds. However, most municipals are free of federal taxes. Because of this, the stated interest rate on municipals is typically lower than comparable non tax-exempt bonds.

How much would you have to receive from a taxable bond to realize an equivalent yield? You can find the answer by entering the following information:

     


What is your federal income tax bracket?

What is the yield (in percentage points, 0 to 10 percent) on the municipal bond you are considering?

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Bruce Cotter
Mailing Address:
P.O. Box 701945
San Antonio, Texas 78270

Street Address:
2611 Rim Oak
San Antonio, Texas 78232
Phone: 210.340.4101
Toll Free: 877.200.1277
Fax: 866.897.5167

Web - Email Address
Bruce@BruceCotter.com

I am licensed to sell Insurance Products in the following states: Florida, Georgia, New York, Rhode Island, Texas, Virginia

I am registered to sell Securities in the following states: Arizona, California, Colorado, District of Columbia, Florida, Georgia, Maine, Maryland, Massachusetts, Missouri, New Hampshire, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Virginia, Washington

Securities offered through: Northeast Securities, Inc., Member FINRA/SIPC, 2611 Rim Oak, San Antonio, Texas 78232
Phone 210.340.4101

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