Investment Centers of America, Inc - Taxable Equivalent Yield : Calculator: 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:

Investment Centers of America, Inc. (ICA), member FINRA, SIPC and a registered investment advisor, is not affiliated with First Western Investments or First Western Bank and Trust. Securities, advisory services and insurance products offered through ICA and its affiliated insurance agenices are: *not insured by the FDIC or any other federal government agency; *not a deposit or other obligation of, or guaranteed by, any bank or its affiliates, and *subject to risks including the possible loss of principal amount invested. ICA does not provide tax or legal advice.