Sentences with phrase «muni bonds sold»

For instance, coupon payments for muni bonds sold to fund those activities are federally taxed, with one common example is a bond issued to fund a state's pension plan obligation.

Not exact matches

I'm also building up my muni bond and bond positions after they sold off in 2015.

As rates headed higher, investors sold off municipal bonds, pushing the largest municipal bond fund, iShares National AMT - Free Muni Bond ETF (MUB), to its biggest discount in histbond fund, iShares National AMT - Free Muni Bond ETF (MUB), to its biggest discount in histBond ETF (MUB), to its biggest discount in history.

In recent years, with the financial collapse and lack of liquidity in the system, many muni bond investments sold off, opening up great opportunities for investors.

That means there's lots of supply of longer - term muni bonds, so issuers have to offer higher yields to sell them.

They then chop up the bonds into short - term munis called tender option bonds (TOB) and sell those to other investors.

They are much more liquid than individual muni bonds, but you can not simply buy or sell all you want as you can with open end funds.

The need for short - dated tax - free muni bonds drives hedge funds (typically) to buy long munis and sell short term debt to finance the bonds, which tax - free money market funds buy.