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 marginal tax bracket?

What is the yield (in percentage points) on the municipal bond you are considering?

%
 

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Calculators provided by Emerald Publications.

   
   
GrandView Financial Group, LLC
Two Perimeter Park South
Suite 310 E
Birmingham, AL 35243
Phone: 205-262-1120 Fax: 205-262-1118
www.grandviewfinancialgroup.com info@grandviewfinancialgroup.com

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

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


 
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Supervisory Office:
Robert  Straka, GrandView Financial Group, LLC  Two Perimeter Park South   Suite 310E  Birmingham, AL  35243
(205) 262-1120  (fax) (205) 262-1118  email:
bob@grandviewfinancialgroup.com

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