Our Bond Offerings
Types of Bonds
- Municipal Bonds
- Municipal bonds are issued by states, counties, cities and towns all across America to fund local projects such as roads, sewers, school construction, bridges, toll roads, and hospitals. The interest earned on these fixed income investments is generally free from federal income taxes and, in some cases, from state and local income taxes as well, all depending on an individual investor's situation.
- Corporate Bonds
- Usually issued by major corporations, these corporate IOUs pay interest that is generally taxable at all three levels: federal, state and local.
- Treasury Bonds
- These are negotiable debt obligations that include notes, bonds, and bills issued by the U.S. government at various schedules and maturities. Treasuries are backed by the full faith and credit of the U.S. government.
- Zero Coupons
- These are a unique class of bonds, issued with a steep original discount and paying NO regular coupon interest, but maturing at full face value of $1000 after a period of years. (Think of buying a dollar in ten years while only paying pennies for that dollar today.)
- Agency Bonds
- In addition to the U.S. Treasury bonds and municipalities bonds, federal government agencies issue bonds in their own names to raise capital. These agency bonds help to pay for projects such as home loans, student loans, small business development and farming.
