Interesting......
https://www.yahoo.com/finance/news/bonds-florida-high-speed-rail-193523346.html
Municipal bonds are typically double tax exempt - no Federal tax or state tax on the interest earnings. Not always but typically. If these bonds are paying 5.5% and they are double tax exempt, depending on one's Federal tax bracket and what state they are in, that could be the equivalent of approximately a 7.0% taxable bond interest rate from a corporate entity such as, say, Union Pacific, CSX, or Norfolk Southern.
https://emma.msrb.org/IssueView/Details/P1425934
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