Bonds obligate the issuing organization to pay a fixed amount of interest periodically (usually semiannually) and repay the ...

The city plans to use general obligation bonds to help fund its affordable housing plan, but there are limits on how much it can borrow this way. The state constitution limits Philadelphia’s ability ...

Every morning since last October, Ugandan engineer David Ochwo arrives promptly at the new municipal road project site in the ...

The iShares California Muni Bond ETF (CMF 0.04%) fits the bill. It invests in investment-grade municipal bonds issued in California, holds more than 1,200 munis, and charges a 0.08% expense ratio.

Municipal bonds appeal to investors because their interest payments are exempt from federal income taxes and, in many cases, state taxes as well. But there are instances where taxes come into play ...

Municipal bonds appeal to investors because their interest payments are exempt from federal income taxes and, in many cases, state taxes as well. But there are instances where taxes come into play ...

With 41,000+ corporate bonds, 1,000,000+ municipal securities and 20,000+ CDs available through Interactive Brokers, the brokerage is one of the best in the industry for fixed-income securities.

You’ll see that the municipal bond has a tax-equivalent yield of almost 4.8 percent based on just the federal tax savings, and the tax-equivalent yield rises to 5.4 percent when you account for ...

Source: Morningstar Direct. Data as of Aug. 31, 2024. For example, if you’re in the 32% tax bracket and own a municipal-bond fund with a nominal yield of 2.98%, you’d have to earn a 4.38% ...