Making the Most of Municipal Bonds

How you can find the best information on municipal bonds

You may know the basics of municipal bonds. You’ve talked to your broker about tax advantages when it comes to buying municipal bonds. However, you want to have access to that information yourself.

You can find this information on the Internet. However, you are concerned about making the most of municipal bonds, such as particular tax advantages or getting a particular municipal bond listing. There’s no need to feel overwhelmed. Here are three important areas to seek out if you plan on making the most of municipal bonds:

1. Get the latest on tax advantages on municipal bonds.

2. Discover muni bonds online.

3. Learn about the S&P municipal bond index.

 

Learn about the tax advantages of municipal bonds

As you're aware, municipal bonds play essential roles for financing public sector projects, such as building sewer systems, hospital, parks, and other projects. However, you need more in-depth information, such as why investors are attracted to municipal bonds. Tax advantages are the major reasons.
Try: SIFMA is a valuable website you can refer to when learning about municipal bonds. Here, you can assess the tax advantages of municipal bonds. Edward Jones is another great website you’ll want to visit to learn about the tax advantages.

Search for muni bonds online

You don't need to look in the newspaper to look for the municipal bond listing. You can quickly find this information on the Internet. For example, if you're looking for California municipal bonds, you can get information such as Moody and S&P ratings, coupons, maturity dates and prices. You can also obtain additional information on muni bonds, including financial statements. Municipal governments must file this information in order to issue municipal bonds.
Try: FMSbonds is a great website to look at if you want to buy municipal bonds. This business provides you a comprehensive municipal bond search. Here, you can get the state the municipal bond is in, along with the price, Moody and S&P ratings and maturity dates. LexisNexis is also another website you’ll want to visit to get a municipal bonds listing. In addition, you can learn about municipality filings.

Study the S&P municipal bond index before you buy municipal bonds

Using the S&P municipal bond index is another great way of getting information for municipal bonds for sale. This index contains more than 7,000 bonds, which has a total market value of more than $470 billion. Although it is a national index, the S&P municipal bond index consists of sub-indices, such as the S&P New York Municipal Bond Index and S&P California Municipal Bond Index. You can get additional information, such as the municipal bond's weighting and taxability.
Try: You can learn about the S&P municipal bond index by visiting the website at Standard and Poor's. Bond Buyer Online is another website you’ll want to visit; it shows the list of municipal bonds that make up this index.

 

• Consider investing in a municipal bond fund if you want to invest in more than one bond. You'll have a broader exposure to bonds without having spend a lot of money.

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