TAX-FREE MUNI BOND PROFICIENCY
Raymond James plays a significant role in underwriting new South Carolina municipal bonds. We can keep you informed about new municipal issues before they come to market.
Recent Raymond James new SC Muni issue
South Carolina State Public Service Authority Revenue Bond
- Price: $109.42
- Coupon: 5%
- Maturity Date: 12/1/2056
- Callable Date: 12/1/2026
- Call Price: $100
- Rating: A1/AA-/A+
Municipal bonds can be an important part of a diversified investment portfolio.
The Benefits of Fixed Income
For the right investors, municipal bonds can be an important part of an effective investment portfolio. Often exempt from federal taxation, these fixed income securities may also be free of state and local taxes for investors residing in the state where the bonds were issued.*
For investors in relatively high tax brackets, the yields of municipal bonds often exceed the after-tax yields of comparable quality corporate bonds.
Also known as “munis,” these bonds are debt obligations issued by state and local governments as well as other governmental entities to fund projects such as building highways, hospitals, schools and sewer systems.
A growing number of municipalities and municipal agencies also issue taxable bonds that provide yields comparable to those of other taxable fixed income securities such as corporate bonds and/or bonds issued by agencies of the federal government.
Bond Inventory: Raymond James plays a significant role in market-making operations and offers a broad array of investment selections.
Outlook: Our fixed income group provides insightful analysis and assessment of events and trends that could affect the municipal marketplace.
New Issues: We can keep you informed about new municipal issues before they come to market.
Portfolio Review: We can perform a detailed analysis of your portfolio.
Municipal Bond Brochure: The guide offers an overview of municipal bonds, examining associated benefits and risks, and explains key concepts.
Taxable Municipal Bond Brochure: Here you’ll find information on a relatively new choice for individual investors.
- Understand the benefits and risks of investing in municipal bonds?
- Know what to look for before investing?
- Feel confident your fixed income portfolio is aligned with your goals?
- Feel comfortable with your portfolio in the current economic environment?
Whether you’re an experienced municipal bond investor or are interested in determining if municipal tax-exempt bonds belong in your portfolio, please feel free to contact us.
*While interest on municipal bonds is generally exempt from federal income tax, it may be subject to the federal alternative minimum tax, or state or local taxes. Profits and losses on federally tax-exempt bonds may be subject to capital gains tax treatment. In addition, certain municipal bonds (such as Build America Bonds) are issued without a federal tax exemption, which subjects the related interest income to federal income tax. Municipal bond investments may involve market risk, credit risk and interest rate risk. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revisions, suspension, reduction or withdrawal at any time by the assigning rating agency.