Municipal Bond Intelligence
Tax-Equivalent Yield
Tax-Equivalent Yield
5.07%
vs. 3.45% tax-free muni yield
State Comparison
| State | Avg Yield | Bonds | Rating | Tax Equiv (32%) |
|---|---|---|---|---|
| California | 3.25% | 45 | AA- | 4.78% |
| New York | 3.10% | 38 | AA | 4.56% |
| Texas | 3.55% | 30 | AAA | 5.22% |
| Florida | 2.80% | 25 | AAA | 4.12% |
| Illinois | 4.85% | 20 | BBB | 7.13% |
| Pennsylvania | 3.45% | 18 | AA- | 5.07% |
| New Jersey | 4.20% | 15 | A- | 6.18% |
| Ohio | 3.35% | 15 | AA | 4.93% |
Top Municipal Bonds
| Name | State | Rating | Coupon | Price | YTM | Tax Equiv |
|---|---|---|---|---|---|---|
| California GO 4.0% 2035 | CA | AA- | 4.00% | 104.10 | 3.45% | 5.07% |
| New York GO 3.5% 2033 | NY | AA | 3.50% | 105.80 | 3.12% | 4.59% |
| Texas GO 3.75% 2040 | TX | AAA | 3.75% | 102.20 | 3.55% | 5.22% |
| Illinois GO 5.0% 2030 | IL | BBB | 5.00% | 101.50 | 4.85% | 7.13% |
| MTA NY Revenue 4.25% 2038 | NY | A | 4.25% | 103.40 | 3.95% | 5.81% |
| LA DWP Revenue 3.25% 2032 | CA | AA | 3.25% | 106.10 | 2.95% | 4.34% |
| Florida GO 3.0% 2036 | FL | AAA | 3.00% | 107.50 | 2.80% | 4.12% |
| New Jersey GO 4.5% 2034 | NJ | A- | 4.50% | 103.00 | 4.20% | 6.18% |