What is a Municipal Bond?
57
|
The Fundamentals of Municipal Bonds, 5th Edition
Price: $41.39
List Price: $75.00 |
|
The Handbook of Municipal Bonds (Frank J. Fabozzi Series)
Price: $84.59
List Price: $150.00 |
|
Confessions of a Municipal Bond Salesman
Price: $13.94
List Price: $24.95 |
|
The Bond Book: Everything Investors Need to Know About Treasuries, Municipals, GNMAs, Corporates, Zeros, Bond Funds, Money Market Funds, and More
Price: $15.00
List Price: $29.95 |
|
|
Confessions of a Municipal Bond Salesman by Jim Lebenth
Current Bid: $15.95
|
|
|
HOW TO INVEST IN MUNICIPAL BONDS by Robert Lamb
Current Bid: $.99
|
|
|
The Handbook of Municipal Bonds-New Book
Current Bid: $120.83
|
|
|
1968 Merrill Lynch investing municipal bonds print ad
Current Bid: $9.99
|
This is not investment advice. Always consult a qualified financial advisor before investing.
A bond is a financial instrument issued by large organization such as a company or a government body which functions very similar to a note. It is a written promise to pay back borrowed funds over time, usually in fixed installments. Municipal bonds are issued by local governments to the public, most often by counties or cities.
Governments issue bonds in order to borrow money from investors. They are usually issued in even denominations and include a payment schedule at a fixed rate of interest over a set number of months or years, meaning any given bond will have a fixed return.
Municipal bonds are somewhat unique in that the Federal government allows interest to be paid on funds borrowed by local governments to be paid free of income tax, and many state and local governments also allow interest to be tax-free. This is why these bonds are often referred to as "tax-free municipal bonds."
There are two items of information investors will want to know about a municipal bond. One is the "par value." Par value is similar to principal, and is the amount of money that will be paid back to the investor when the bond has matured. The second is the "coupon rate," which is also sometimes called the interest rate or yield. It is simply the amount paid each year divided by the par value as a percentage. A bond with a par value of $10000 which pays $500 a year in interest has a coupon rate of 5%.
Many mutual funds include municipal bonds in order to make their tax benefits available to their investors.
More information on Municipal Bonds
- Philip Greenspun's Weblog » The Coming Collapse of the Municipal ...
A money manager friend showed me an interesting research report by Frederick J. Sheehan titled “Dark Vision: The Coming Collapse of the Municipal Bond Market. This is a product of weedenco.com and available only to subscribers, ...
- New York Offering Will Lead Biggest Week for Muni Bond Sales Since ...
“The future of the BAB program is the most important question facing the municipal bond market today,” John Dillon , a fixed-income strategist in Purchase, New York, for Morgan Stanley Smith Barney, the world's largest retail brokerage, ...
- Allstate, Loews Cutting Exposure to Municipals: What Do They Know ...
Earlier this month, savvy Allstate CEO Thomas Wilson announced that the insurer had cut back its municipal bond holdings by more than 8 percent in the.
- Sewer Bond Debt Gets Messier For JPMorgan
Earlier this month, in a settlement with the SEC, JPMorgan agreed to forfeit $647 million in fees, pay a $25 million penalty and pay the county $50 million over an alleged scheme to win business involving municipal bond offerings and ...
PrintShare it! — Rate it: up down flag this hub









Munis says:
2 years ago
Tip: Don't pay any more taxes than you have to http://www.TaxFreeMunicipalBonds.net have your money earning for you not Uncle Sam.