Nevertheless, such adjustments would further amplify the comparative advantage of municipals, particularly their high taxable-equivalent yields. The accompanying chart illustrates municipal bonds ...
The coupon equivalent rate is a calculation of the effective yield on a zero-coupon bond. The effective yield is the annual rate of return attached with a period of interest rate, while a zero ...
Investors in high tax brackets should consider intermediate munis, which have tax-equivalent yields in the 6% to 7% range, she says. More-risk-averse investors could stick to short-term bonds ...
The tax-equivalent yield on a muni increases as tax rates rise ... Certain Private Activity Bonds (PABs) issued in the muni market are subject to the AMT, muting the tax benefits for investors ...
China, the global growth engine for the last 20 years, now boasts lower long-term bond yields than Japan, the former poster child for deflationary economic stagnation. This may signal that the ...
To gauge their mood, look at the “credit spread”, or additional interest they charge corporate borrowers over and above the yield on equivalent government bonds. At 0.8 percentage points ...
Key to its access to the high-yield bond market was securing an €810m 4.5-year term ... Benteler priced a €975m-equivalent five-year non-call two senior secured notes issuance across euros and US ...