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These muni bond funds offer tax-exempt income.Municipal bonds, sometimes referred to as munis, are issued by various government entities such as states, counties and municipalities. 7 Best Tax ...
1 List of general obligation bond rankings. ... This is a list of U.S. states by credit rating, ... AAA Aaa [2] [11] AAA February 9, 2022
It was founded in 1973 as the Municipal Bond Insurance Association. It is headquartered in Purchase, New York , and as of January 1, 2015 had approximately 180 employees. [ 3 ] MBIA is the largest bond insurer .
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.
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Car insurance policies are only available to AAA members, and policies are underwritten by various AAA auto clubs. A fellow insurance company with Midwest origins, Allstate was founded in 1931 in ...
The economic value of bond insurance to the governmental unit, agency, or other issuer of the insured bonds or other securities is the result of the savings on interest costs, which reflects the difference between yield payable on an insured bond and yield payable on the same bond if it was uninsured—which is generally higher.
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