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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Mangrove Financial Group, St. Petersburg, Florida
9887 4th Street N Suite 319 St. Petersburg, FL 33702
Phone: 727-374-2990
jmartin@mangrovefinancialgroup.com

Securities offered through G.A. Repple & Company.  A Registered Broker/Dealer and Investment Advisor, Member FINRA & SIPC.  101 Normandy Road Casselberry FL 32707, (407) 339-9090.

We are licensed to sell Insurance Products in: AL, AZ, CO, FL, GA, LA, MD, MS, NE, TX

We are registered to sell Securities in: AZ, CA, FL, MD, MS, NC, NE, SC, TN, WI 


 

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