Jacobs Financial Management, Llc - 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:

Jacobs Financial Management, LLC is a Registered Investment Advisor in the state of Maryland. Securities Offered through 1st Global Capital Corp., Member FINRA, SIPC. Securities Licensed in the states of Maryland, Alabama, California, Washington, DC, Florida, Georgia, Massachusetts, New Jersey, Ohio, Pennsylvania and Virginia. This is not an offer to sell securities in any other state or jurisdiction.