Tax-equivalent yield converter

1. Enter the bond's nominal yield: %

2. For Tax-exempt bonds only, click as many as apply. The bond is ...

Exempt from federal income taxes
(most municipal bonds)

Exempt from state income taxes
(Treasuries and most muni bonds issued by your state, county or city)

Exempt from local income taxes
(Treasuries and most muni bonds issued by your county or city)

3. Enter your ...

Federal income tax rate: %
State income tax rate (if any): %
City or local income tax rate (if any): %

4.

Taxable Equivalent Yield: