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  2. What is a tax-equivalent yield on municipal bonds? - AOL

    www.aol.com/finance/tax-equivalent-yield...

    Municipal bonds offer investors the benefit of a tax-free yield on their investment, a benefit that can provide a significant advantage over traditional income investments.

  3. Municipal bond - Wikipedia

    en.wikipedia.org/wiki/Municipal_bond

    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.

  4. Could Tax-Free Municipal Bonds Be the Missing Piece in Your ...

    www.aol.com/tax-free-municipal-bonds-may...

    Tax-free municipal bonds are not just a source of investment but also a significant contributor to public projects such as roads, schools and hospitals. These debt instruments are issued by local ...

  5. 7 Best Tax-Free Municipal Bond Funds - AOL

    www.aol.com/news/7-best-tax-free-municipal...

    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.

  6. Municipal bond arbitrage - Wikipedia

    en.wikipedia.org/wiki/Municipal_Bond_Arbitrage

    Positive, tax-free carry can reach into the double digits. The bet in municipal bond arbitrage is that, over a longer period of time, two similar instruments--municipal bonds and interest rate swaps--will correlate with each other; they are both very high quality credits, have the same maturity and are denominated in U.S. dollars.

  7. Build America Bonds - Wikipedia

    en.wikipedia.org/wiki/Build_America_Bonds

    Build America Bonds are taxable municipal bonds that carry special tax credits and federal subsidies for either the bond issuer or the bondholder. Build America Bonds were created under Section 1531 of Title I of Division B of the American Recovery and Reinvestment Act that U.S. President Barack Obama signed into law on February 17, 2009.

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