Municipal bonds serve as the foundation of infrastructure development, providing tax-exempt returns to investors while fueling the construction of essential projects across our communities. These bonds, once issued, also create opportunities for the issuers to generate potential arbitrage opportunities. With the Federal Reserve increasing interest rates over the last few years to ease inflation, this …
Tax-exempt bonds are an excellent way for municipalities, such as schools, cities, or counties to pay for projects. These projects, or capital expenditures, may be buildings or other new construction, or even renovations to existing structures. When the municipality issues these bonds — called municipal bonds — the bonds’ tax-exempt status makes them attractive to …