Municipal bonds are those debt securities issued by a municipality (hence the name) to finance capital expenditure. More often than not they are tax-exempt but in this article we have a closer look at their tax rates and what implications you may face should you buy into municipal bonds.
Bond Convexity is a direct measure of the duration sensitivity of a bond when its interest rate is changing. You can use the bond convexity formula to calculate interest rates.
Private activity bonds are issued by the government to support the financing of a private facility of project. In this article we explore what private activity bonds are, how their interest rates are calculated and what the tax regulations are for investors.
A private investment bond isn’t dissimilar to a private activity bond. There is however a subtle difference, this time, the bond loans money to a private entity. In this article we explore the characteristics of private investment bonds and their relevance and similarity to private equity bonds.
Private bonds are used to finance private projects rather than public bonds which are used to finance public operations and developments. In this article we explore the two types of bond and see how each compares with each other. We also look at how private purpose bond interest rates are calculated and how this differs from public purpose bond interest calculation.