Bond Market Basics
How do tax-exempt bonds work, and who should consider them?
May 11,24Understanding Tax-Exempt Bonds and Their Strategic Use in Investment Introduction to Tax-Exempt Bonds Tax-exempt bonds, often issued by municipalities, are debt securities whose interest income is exempt from federal and, in some cases, state and local income tax. The issuers utilize the funds generated to finance public projects such as schools, roads, hospitals, and infrastructure. …
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