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:

     


What is your federal income tax bracket?

What is the yield (in percentage points, 0 to 10 percent) on the municipal bond you are considering?

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Dorval & Chorne Financial Advisors
11242 86th Avenue N Maple Grove, MN 55369
Phone: 612.436.3714 Fax: 612.313.7561
EKvenild@dorvalchorne.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

Dorval and Chorne Financial Advisors is not affiliated with Financial Network  or AdvisorNet Financial. 

Securities and investment advisory services are offered through Financial Network Investment Corporation, Member SIPC

Employer Advisory services offered through AdvisorNet Financial, a Registered Investment Adviser. 

Insurance products and services offered through Daniel Dorval and John Chorne, licensed insurance agents in Minnesota, Wisconsin, Colorado, and North Dakota.


The information on this website is intended for use only by residents of the states listed below. Securities related services may not be provided to individuals residing in any state not listed. 

We are registered to sell Securities in the following states:
Arizona, California, Colorado, Florida,  Minnesota, Nevada, North Dakota, Ohio, Oregon, South Dakota, Utah, Washington, Wisconsin.

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in MN,ND,WI.

We are registered to sell Securities in MN,ND,NV,OH,OR,WA,WI.

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