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 marginal tax bracket?

What is the yield (in percentage points) on the municipal bond you are considering?

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Mahoney/Frontier Financial Group
East Concord branch: 12111 Rt.240 East Concord NY, 14055 ( Next to the Fireside Inn )

Wellsville branch: 118 N Main Street Wellsville NY, 14895
Phone: (East Concord Branch) 716-592-9225 Toll free 1-888-592-9225
(Wellsville Branch) 585-593-6408 Toll free 1-800-281-9762		 • Fax: (East Concord branch)716-592-3413
Fax: (Wellsville Branch)585-593-2002
www.mahoneyassoc.com

 

 

 

Securities offered through Cadaret, Grant & Co.,Inc.

Member FINRA & SIPC.
 

Kevin L. Mahoney, Branch Manager.

This Web site is only intended for residents of states where we are licensed to sell Insurance and Securities. Currently we are registered in Florida,Ohio,Pennsylvania and New York. 

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