Municipal Bond Tax Equivalent Yield
Convert municipal bond yields into taxable-equivalent yields for comparison.
Bond & Tax Details
%
%
%
Tax-Equivalent Analysis
Tax-Equivalent Yield4.9%
Tax Savings (Yield Difference)1.4%
Effective Tax Rate29.0%
Break-Even Taxable Yield4.9%
A taxable bond would need to yield 4.93% to match this municipal bond's after-tax return.