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NEW YORK--(BUSINESS WIRE)-- TMC Bonds LLC (TMC), a leading retail fixed income alternative trading system, and Citi have announced a definitive agreement to offer new issue municipal bonds via TMC ...
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
EMMA provides free on-line access to centralized new issue municipal securities disclosure documents (known as official statements), [1] on-going continuing disclosures for all municipal securities, [1] escrow deposit agreements for advance refundings (i.e., refinancings) of outstanding bonds, [2] real-time municipal bond trade price ...
Top municipal bond funds. Data below as of July 17, 2024. Vanguard Tax-Exempt Bond ETF (VTEB) The Vanguard Tax-Exempt Bond ETF is an index fund that seeks to track the performance of a benchmark ...
Issuer and purpose: Municipal bonds are issued by state or local governments to fund public projects, such as infrastructure development or schools. Corporate bonds are issued by corporations to ...
Revenue bonds: This type of muni is issued to fund a specific project, like the construction of a water treatment plant or hospital. The revenue from that project or service pays for the bond ...
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