An important distinguishing characteristic of the municipal securities market is the exemption of interest on most municipal bonds from federal income taxes. There is currently in excess of $2.67 trillion in outstanding municipal Securities(Source SIFMA, www.investinginbonds.com)

Investors in higher tax brackets and that are holding cash beyond what is needed for emergency liquidity purposes should consider investing in municipal bonds.

Resources Links
Municipal Securities Rulemaking Board (MSRB) Home Page – www.msrb.org