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Municipal Bonds


Municipal bonds are debt obligations issued by states, cities, counties and other governmental entities, which use the money to build schools, highways, hospitals, sewer systems and many other projects for the public good...

To learn more, get a Printable version or click on a topic below:

   Topic 1: What Are Municipal Bonds ?
Topic 2: An Investment for Today’s Tax-Conscious Investor
Topic 3: How Safe Are Municipal Bonds ?
Topic 4: The Advantages of Tax Exemption
Topic 5: Understanding Yields
Topic 6: Understanding Market Risk
Topic 7: Understanding Calls
Topic 8: Gains and Losses
Topic 9: Types of Tax-Exempt Municipal Bonds
Topic 10: Bonds with Special Investment Features
Topic 11: Taxable Municipal Bonds
Topic 12: Other Basic Facts
Topic 13: The Tax-Exempt Municipal Bond Market — How Big and Who Buys ?
Topic 14: Tax-Exempt/Taxable Yield Equivalents
Topic 15: State Taxation of Municipal Bonds for Individuals
Topic 16: State Taxation of Municipal Bonds for Corporations
Topic 17: Glossary

Municipal Bonds Proceed to Topic 1

NOTE: All information and opinions contained in this publication were produced by the Securities Industry and Financial Markets Association (SIFMA) from our membership and other sources believed by SIFMA to be accurate and reliable. By providing this general information, SIFMA is neither recommending investing in securities, nor providing investment advice for any investor. Due to rapidly changing market conditions and the complexity of investment decisions, please consult your investment advisor regarding investment decisions.

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