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 federal income tax bracket?

What is the yield (in percentage points, 0 to 10 percent) on the municipal bond you are considering?

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Owens Financial Group, Inc.
251 Technology Parkway NW Rome, GA 30165
Phone: 706-235-2269 Fax: 706-291-9960
danowens@owensfinancialgroup.org

Securities and advisory services offered through Multi-Financial Securities Corporation, member FINRA, SIPC.

                Owens Financial Group, Inc. is not affiliated with Multi-Financial Securities Corporation

Owens Financial Group, Inc.
251 Technology Parkway NW
 Rome, GA 30165

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in AL,CA,FL,GA,MT,OH,SC,TN.

We are registered to sell Securities in AL,AZ,CA,DC,FL,GA,IA,IL,KY,MD,MI,MT,NC,NH,NY,OH,PA,SC,TN,TX,VA.

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