Millions of U.S. taxpayers buy municipal bonds and invest in mutual funds and ETFs that own municipal bonds. Municipal bonds provide a way for investors to generate income while investing in infrastructure, such as roads, bridges, schools, as well as other needs in communities across America. This page provides a curated set of educational resources to help investors learn about key things to consider when buying and selling municipal bonds.
Investors considering the purchase of a municipal bond will want to understand the essential terms and features of the bond, which can be found in the bond issue’s official statement, a document prepared by or on behalf of a state or local government in connection with a new issue of municipal securities. Investors may also want to understand how municipal bonds are priced and, evaluate current trade prices of their security and similar securities.
Are you thinking about buying municipal bonds?
- Use this guide: Ways to Buy Municipal Bonds
See the official statement to learn the essential terms and features of a bond:
- Read Official Statements
- Watch this video series:
Understand municipal bond pricing:
- How Are Municipal Bonds Priced?
- Understanding Municipal Bond Trade Prices (video)
- Understanding Price Evaluations
Learn about certain types of municipal bonds and related matters:
- About Premium Municipal Bonds
- About Original Issue Discount Bonds
- Tax and Liquidity Considerations for Buying Discount Bonds
