NWF Advisory - Taxable Equivalent Yield : Calculator: 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:

NWF Advisory

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11835 W. Olympic Boulevard

Suite 1150 East

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Los Angeles, CA

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90064

Phone: 310 475-5854

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Fax: 310 943-1777

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yasharel@nwfadvisory.com

Registered Representative offering securities and advisory services through Royal Alliance Associates, Inc., a registered broker/dealer, Member FINRA/SIPC, and Registered Investment Advisor. In this regard, this communication is strictly intended for individuals residing in the states of AL, AK, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, LA, ME, MD, MA, MI, MN, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, SC, TX, UT, VA, WA, and WI.

No offers may be made or accepted from any resident outside the specific states referenced.

Daniel F. Yasharel is also separately registered as an investment advisor representative under NWF Advisory Services, Inc., a Registered Investment Advisor registered with the Securities and Exchange Commission. As such, advisory services are strictly intended for individuals residing in the states where we have notice filed: AK, AZ, CA, NV, NY, OR, and TX.

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