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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Quintus Financial Services
400 Inverness Parkway, Suite 200 Englewood, CO 80112
Phone: 720.279.6365 Fax: 720.279.6369
info@quintusfinancialservices.com

 Financial Advisors and Registered Representatives associated with Quintus Financial Services offer advisory services through Securities America Advisors, Inc. an SEC Registered Investment Advisory firm, and offer securities through Securities America, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. Quintus Financial Services is not an affiliated entity of the Securities America companies. 

This website is neither an offer to buy nor a solicitation to sell securities.  The representatives are:
Iinsurance licensed in: CO, NM, NY, TX, WA.  Securities licensed in:  AZ, CA, CO, FL, HI, IL, KY, MT, NM, NY, OR, PA, TX, UT, WA.  Advisory licensed in: CO