Never miss an important update |
Click to get notified about important updates only. |
99 Alternatives
Opportunities are Infinite
It is the municipal security for which the interest rates are reset periodically (weekly, monthly, semi-annual, or flexible).
It is the type of floating-rate municipal bond liquidity option that can provide the investors with long term investment tax-exempt income where the holder can liquidate the security through features like put/tender at par.
It is called the variable rate demand obligation that can be used to maintain a short duration, while, increasing the credit quality.
It is a tax-exempt debt security that can be issued by the municipalities to get long term financing like for 20 to 30 years, at short-term rates.
The VRDO trades as short term alternative finance investment bonds that are made to provide extra stability as it benefits from the Letter of Credit (LOC) that pledges repayment of the principal and interest.
It gives higher liquidity where the investors can sell the contract at par during a specified reset period to enhance liquidity and also, it offers variable yield.
There are some risks associated with the investment option like it is the credit risk of the municipality/ issuer and the LOC provider.
In case of a decline in interest rate, the yield can be very low and if the issuer calls (retire) the bonds early; it can lower the overall benefits.
Whether buying your first home or selling your...
What is better Silver or Sterling Silver? We all know...
How much does Twitch Streamers Make? Man is fun-loving...
Shorting a stock is one of the most outstanding...
PayPal is a world leader that allows any business or...
PayPal is a digital commerce employer that enables...
Copyright © 2023 99alternatives Ltd. All rights reserved.
Designed and Managed by Mont Digital
