Municipal Bonds

Municipal Bonds


Municipal Bonds are securities issued by states, counties, cities and other governmental entities for the purpose of financing operations, improving facilities or to raise funding for new projects. Traditionally, interest earned from municipal securities by investors is exempt from federal and state taxes. A large percentage of recent issuance of municipal bonds is in the taxable 'Build America Bonds' sector. The municipal bond market is comprised of over 50,000 issuers with more than $2.8 trillion in outstanding debt.

Investors of municipal securities include individuals, investment companies, asset managers, insurance companies, hedge funds and banks.

Financial professionals may obtain more information including current offerings by calling (877) 284-2663.

Incapital makes markets and provides bids and offerings in taxable and tax-free municipal securities for:

  • Broker-Dealers
  • Registered Investment Advisors
  • Municipal Bond ECNs
  • Institutional Investors (including)
    • Asset Managers
    • Bank Trust Divisions
    • Separately Managed Account groups
    • Mutual Funds
    • Insurance Companies

A copy of the official statement and other offering information may be found at MSRB’s EMMA, as related to municipal securities offerings, and the SEC’s EDGAR, as related to other securities offerings. Incapital LLC will also provide copies of the relevant offering statements upon request.