Nettet29. nov. 2024 · Understanding Municipal Revenue Bonds. December 17, 2024. Municipal bonds generally can be classified into two camps—general obligation bonds and revenue bonds. General obligation, or GO, bonds are backed by the general revenue of the issuing municipality, while revenue bonds are supported by a specific revenue … NettetAs a subcategory of the excess levy, a general obligation bond is backed by the taxing district's ability to levy tax. The taxing district must receive voter approval to issue a general obligation bond. The district can levy an amount sufficient to pay principal and interest for the bonded debt.
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NettetVMLUX A complete Vanguard Limited-Term Tax-Exempt Fund;Admiral mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund interest rates. Nettet17. jan. 2024 · Discount. 4%. 2%. $2. $102. $96.22. The difference between the net present value and the principal payment at maturity is taxed at a capital gains rate of 15%. 1 In this case, the discount bond ... navigator credit union hillcrest rd
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http://themcgowangroup.com/wp-content/uploads/Nuveen-Understanding-Municipal-Bonds.pdf Nettet10. jul. 2024 · If interest rates rise during the term of your bond, you're losing out on a better rate. Use the tax-equivalent-yield formula to compare the real return on a muni … NettetSharon serves as a co-chair of the Public Finance Practice Area. With more than 20 years of legal experience, she primarily concentrates on the federal tax treatment of tax-exempt municipal bond ... navigator country financial