The Berkeley tokens would be backed
by a municipal bond.
I became involved actively in the municipal bond market in the early 1970s when I was asked
by a municipal bond counsel firm to research how the securities laws apply to municipal bonds.
Many institutions woven into the fabric of daily life were made possible
by municipal bond issuance.
The result is a serious underinvestment in charters
by the municipal bond markets, meaning that too many charters have to spend operating funds on bricks and mortar instead of classroom instruction.
Interest income generated
by municipal bonds is generally not subject to federal taxes, and may be tax - exempt at the state and local level as well, if the bonds were issued by the state in which you live.
Interest income generated
by municipal bonds is generally expected to be exempt from federal income taxes and, if the bonds are held by an investor resident in the state of issuance, state and local income taxes.
Interest income generated
by municipal bonds is generally expected to be exempt from federal income taxes and, if the bonds are held by an investor resident in the state of issuance, state and local income taxes.
Because tax - exempt interest generated
by municipal bonds is usually more beneficial for investors in higher tax brackets, municipal bonds may not be appropriate for all investors, particularly those in lower tax brackets.
Also, the interest generated
by municipal bonds may be (at least partly) taxable for income tax purposes by your state.
Not exact matches
Marianela Collado, CPA and CFP with Tobias Financial Advisors, warned retirees against creating more state taxable income
by keeping
municipal bonds from a former resident state that would become taxable in the new resident state.
In particular, this strategy can be executed successfully
by using tax - free, non-alternative minimum tax (AMT)
municipal bonds.
It's not the sexiest, but the «buy and hold» strategy for individual
municipal bonds is
by far the smartest.
First,
municipal bonds represent an «IOU» issued
by a governmental entity — usually state or local.
strategy can be executed successfully
by using tax - free, non-alternative minimum tax
municipal bonds.
By then, you'll have about $ 50,000 invested in
municipal bonds, which will probably be earning $ 2,500 a year in interest.
Adams: Once you've put in $ 25,000 to $ 30,000, it's time to diversify a little — not
by selling what you've got but
by purchasing individual
municipal bonds.
Bonds due in 2018 and won
by BofA were «aggressively» priced with a 1.64 percent yield that narrowed Illinois» spread over
Municipal Market Data's benchmark triple - A yield curve to 70 basis points from 100 basis points ahead of the sale, Greg Saulnier, a MMD analyst, said.
Although the income from
municipal bonds held
by a fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.
Second, the tax bill may do away with 2 specific types of
municipal bond issues: tax - exempt advance refundings, which are tax - exempt
bonds issued to refinance existing
municipal debt, and private activity
bonds, which are issued
by non-government borrowers such as hospitals, airports, and private universities.
Municipal bond funds invest in municipal bonds issued by various state and local gov
Municipal bond funds invest in
municipal bonds issued by various state and local gov
municipal bonds issued
by various state and local governments.
Comments: Eliminates advance refunding for
municipal bonds by making interest on advance refunding
bonds taxable.
Collins has adopted a more defensive position in the last 18 months, reducing duration and credit risk
by scaling back overweight positions in high - yield and
municipal bonds, but he's sticking with allocations to intermediate term funds.
The yields and risks are generally higher than those offered
by government and most
municipal bonds, and the income is subject to state and federal taxes.
Invest in
municipal bonds issued
by various state and local governments.
Pam Martens and Russ Martens, writing in Wall Street on Parade, note that the U.S.
municipal bond market holds $ 3.8 trillion in debt, and it is not just owned
by Wall Street banks.
Corporate Insight determined the average cost differential
by calculating the difference between the costs of matching corporate and
municipal bond inventory at Fidelity vs. these markup - based firms in the study, then averaging the differences across all of the competitor firms.
You can ask your financial advisor, if applicable, to recommend
municipal bond funds issued
by your state.
Generally,
municipal bonds» interest payments are tax - free on the federal level and if they're issued
by your state, you won't have to pay state taxes.
a
municipal bond that is secured
by an escrow fund; the escrow fund comes from the issuer floating a second
bond issue and using the proceeds from that second
bond issue to purchase government obligations, typically U.S. Treasuries, proceeds from the second
bond issue create an escrow fund to mature at the first call date of the first
bond issue to pre-refund that issue;
bond issuers will typically do this during times of lower interest rates to lower their interest costs
estimate of annual income from a specific security position over the next rolling 12 months; calculated for U.S. government, corporate, and
municipal bonds, and CDs
by multiplying the coupon rate
by the face value of the security; calculated for common stocks (including ADRs and REITs) and mutual funds using an Indicated Annual Dividend (IAD); calculated for fixed rate
bonds (including treasury, agency, GSE, corporate, and
municipal bonds), CDs, common stocks, ADRs, REITs, and mutual funds when available; not calculated for preferred stocks, ETFs, ETNs, UITs, international stocks, closed - end funds, and certain types of
bonds
Many of them were
municipal -
bond funds hammered
by the bankruptcy of Orange County, Calif..»
October 17, 2012
By David Waring 6 Comments Filed Under:
Bond Basics,
Bond Fund Basics, Corporate
Bond Basics, Corporate
Bond How to Guides,
Municipal Bond Basics,
Municipal Bond How to Guides
A
municipal bond fund that seeks to provide after - tax inflation - adjusted returns
by using an actively managed inflation hedge while providing income that is typically exempt from federal taxes.
Among those it put on a negative credit watch in mid-July were some
bond issues
by Fannie Mae and Freddie Mac, a few insurance companies, 604 structured finance transactions that totaled $ 373 billion when issued and some
municipal debt backed
by the United States.
Municipal bonds are similar to T - Bonds in that they are issued by a government agency and come with a term, a maturity, and a fluctuating interest
bonds are similar to T -
Bonds in that they are issued by a government agency and come with a term, a maturity, and a fluctuating interest
Bonds in that they are issued
by a government agency and come with a term, a maturity, and a fluctuating interest rate.
A
municipal bond is a debt security issued
by a state, municipality, or county to finance its capital expenditures.
September 27, 2012
By Marc Prosser Leave a Comment Filed Under:
Bond Fund Commentary, Corporate
Bond Commentary,
Municipal Bond Market Commentary, News, Treasury Market Commentay
Also called «munis» for short,
municipal bonds are debt obligations issued
by a state, municipality, or a county to finance its capital expenditures, such as construction of highways, schools, hospitals, and...
The
Municipal Securities Rulemaking Board (MSRB) writes investor protection rules and other rules regulating broker - dealers and banks in the United States municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy
Municipal Securities Rulemaking Board (MSRB) writes investor protection rules and other rules regulating broker - dealers and banks in the United States
municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy
municipal securities market, including tax - exempt and taxable
municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy
municipal bonds,
municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy
municipal notes, and other securities issued
by states, cities, and counties or their agencies to help finance public projects or for other public policy purposes.
Insured
bonds are usually found as a feature of
municipal bonds; they are purchased, underwritten and repackaged
by a financial guarantee company who then sells the issue to investors.
General Obligation (GO)
bonds are
municipal bonds backed
by the credit and «taxing power» of the issuing jurisdiction rather than the revenue from a given project.
In 2015, munis, as represented
by the Barclays
Municipal Bond Index, were actually the top fixed - income asset class, beating both Treasuries and corporate debt.
Puerto Rican debt is «triple exempt» from taxes:
Bonds issued
by the territory's government are exempt from state / territory - level,
municipal, and federal taxation.
Below is a listing of official statements for current and recent
municipal bond issues offered
by Edward Jones.
If you are holding corporate
bonds, you may want to diversify those positions
by adding treasury securities and
municipal bonds.
By 1908 railway,
municipal, county and state
bonds supplemented U.S.
bonds as legal reserve backing for U.S. Government deposits in the national banks, much as the Federal Reserve would accept real estate mortgages as bank reserves after 2008.
High yield
municipal bond yields have risen by 30bps in the same time period as the S&P Municipal Bond High Yield Index is down 1.76 % so far
municipal bond yields have risen by 30bps in the same time period as the S&P Municipal Bond High Yield Index is down 1.76 % so far in J
bond yields have risen
by 30bps in the same time period as the S&P
Municipal Bond High Yield Index is down 1.76 % so far
Municipal Bond High Yield Index is down 1.76 % so far in J
Bond High Yield Index is down 1.76 % so far in June.
Municipal bonds are issued
by state and local governments in the US as well as other public authorities, such as school districts.
In addition, if you buy
municipal bonds issued
by the place where you live, those
bonds are exempt from state and local income taxes as well.
July 9, 2012
By David Waring Leave a Comment Filed Under:
Bond ETFs,
Bond Fund Basics,
Bond Fund Investment Ideas,
Bond Funds,
Bond Mutual Funds, Choosing a
Bond Fund,
Municipal Bonds