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Detroit on Tuesday sold its first standalone bonds since exiting bankruptcy four years ago to U.S. municipal market investors, who snapped up the debt albeit at hefty yields. The unlimited-tax ...
Municipal bonds face ‘challenging time ahead,’ strategist says. September 19, 2022 at 8:49 AM ...
NEW YORK (Reuters) -Municipal bond financing for U.S. airport construction is not unusual. Last year, a consortium called New Terminal One secured $9 billion in financing in an unusual private ...
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
The Delaware National High-Yield Municipal Bond Fund invests in medium and lower-grade municipal bonds to generate a high level of current income that is exempt from federal income tax.
The market is already cheering the $1.9 trillion fiscal stimulus plan Biden signed into law on March 11, with $350 billion heading to states and local governments to help with lost revenue and ...
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