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Tax-Free vs. Taxable Yield Comparison Calculator

At the Securities Industry and Financial Markets Association, you can determine what you will have to earn on a taxable security to equal the tax-free yield of a municipal bond. For more information, you can read our publications on bonds, corporate bonds, municipal bonds, and zero coupon bonds.

We have provided this information as a service to investors.  It is neither a legal interpretation nor a statement of SEC policy.  If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law.

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Modified: Jan. 7, 2008