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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Hubbard Investments
4901 60th Street Kenosha, WI 53144
Phone: 262-694-6100 Toll free 1-800-820-6500 Fax: 262-694-4807
rhubbard@lasalle-st.com

4901 60th Street 
Kenosha, WI  53144
Phone: 262 694 6100
Fax:  262 694 4807
Email: rhubbard@lasalle-st.com

Hubbard InvestmentsRon Hubbard is a registered representative of LaSalle St. Securities, LLC., a regsistered broker-dealer. Hubbard Investments is not affiliated with LaSalle St. Securities, LLC. Securities are offered only through LaSalle St. Securities, LLC. 940 N. Industrial Dr., Elmhurst, IL 60126-1131. Member FINRA/SIPC