All fixed income insights
| Green Bond Performance Primer (PDF) NEW | Better understand green bond performance, as well as the investor benefits of selecting green bonds over their traditional conventional bond peer group. |
| Texas Permanent School Fund (PSF) Primer (PDF) NEW | Learn more about how the PSF works, what guarantees are provided, and local credit ratings within the program. |
| State School District Credit Enhancement Programs (PDF) | Navigate the nuances of insurance for education bonds. |
| Tax and Liquidity Considerations for Buying Discount Bonds | The MSRB explains how a bond purchased at a discount will be taxed as ordinary income, or if it will be taxed at the capital gains tax rate. |
| Municipal and Corporate Transition Rates | Gain a historical perspective on the likelihood of corporate and municipal bonds being upgraded or downgraded by Moody's. |
| FCM 2021 State Tax Guide (PDF) | Provides helpful details about US state tax rates, how municipal securities are treated depending on in-state or out-of-state status, and other key state information. |
| FCM Municipal Compendium 2022 (PDF) | A compilation of statistics relevant to the municipal bond market. |
| Overview of the Taxable Municipal Market (PDF) | Better understand the taxable municipal bond market and where opportunities may lie. |
| De Minimis Dilemma (PDF) | Understanding the potential adverse tax consequences associated with secondary tax-exempt municipal bonds. |
| How to Raise Credit Quality ‐ A Five States Synopsis (PDF) | Get insight into what AZ, CA, CT, FL, and NV are doing to improve their respective financial state of health. |
| Not all Local General Obligations Are Created Equal (PDF) | Learn how to distinguish between the general obligation (GO) securities of local government issuers of different states. |
| In the Municipal Market, Green Is the New Black (PDF) | Investors are becoming more socially and environmentally conscious and are open to investment options that reflect their "Green" preferences. |
| Seven Simple Steps to Buying Bonds | We'll show you easy steps to help you find and buy the right bond. |
| Reading the Tape for Bonds: MSRB and TRACE data | We'll show you how to use MSRB and TRACE data to get real-time insights on the secondary market. |
| New Issue Premium Coupon Bonds (PDF) | The nuances of bond pricing can be confusing; but understanding some basic principles of bond pricing can help investors make more informed investment decisions. |
| The Ins and Outs of Buying New Issue Municipal Bonds | See the types of new issue muni bond offerings, stages of the offering period, how to use alerts, and offering allocations. |
| How and why to build a bond ladder | A bond ladder can help generate an income stream and manage interest rate risk1. |
| Using the New Issue Official Statement: Overcoming the Fear | We offer a tutorial to help you understand the details of the offering |
