fixed-income-municipal
Fixed Income — Municipal
Purpose
Analyze municipal bonds including general obligation and revenue bonds, tax-equivalent yield calculations, AMT considerations, and muni-specific credit analysis. This skill is essential for tax-aware fixed income investing and evaluating the relative value of tax-exempt versus taxable bonds.
Layer
2 — Asset Classes
Direction
both
When to Use
- User asks about municipal bonds or tax-exempt fixed income
- User asks about general obligation (GO) bonds or revenue bonds
- User asks about tax-equivalent yield calculations
- User asks about AMT (Alternative Minimum Tax) implications for bonds
- User asks about state-specific tax treatment of municipal bonds
- User asks about muni credit analysis, coverage ratios, or muni yield ratios
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