bond-basics

Tax Credit Bond

A Taxable Bond that provides a tax credit to the holder in lieu of tax-exempt interest.

Dive Deeper on Tax Issues

Learn more about how various aspects of tax law intersect with municipal securities.


See Also

Taxable Bond

A bond, the interest on which is not excludable from gross income for federal income tax purposes.

Hudson Yards Rail Yards

Start with the Bond Basics

Investor Letter

A letter from a purchaser of bonds in a private placement typically acknowledging any transfer restrictions applicable to the bonds and attesting to the purchaser’s eligibility to purchase the bonds.