SEAMLESS EXECUTION ACROSS NEW ISSUE & SECONDARY MARKETS
Whether you're investing in new issue municipal bonds or seeking liquidity in the secondary market, our team delivers precision
pricing insight and operational support.

TAX-EFFICIENT INVESTING
THE POWER OF TAXABLE EQUIVALENT YIELD
Municipal bonds are available as either taxable or tax-free investments. It’s important to talk with your financial advisor and/or tax professional to determine which bonds may be right for you.
Taxable bonds need to generate higher coupon payments to match tax-free municipal bond payments.
A COMPLETE MUNICIPAL BOND PLATFORM
Whether sourcing new issues or trading in the secondary market, InspereX helps financial professionals access the municipal bond solutions needed to build diversified fixed income portfolios.
Example: The table shows that a taxpayer in the 33% tax bracket investing in a 3% tax-exempt municipal bond would need a taxable bond yielding 4.48% (assuming the bond was not purchased in a tax-deferred account).

1 Subject to the credit risk of the issuer
2 There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not ensure against market risk or protect against loss in a declining market.
WHY MUNICIPAL BONDS?
HISTORICALLY LOW RISK CAPITAL PRESERVATION¹
Municipal bonds deliver benefits that can help you align your income goals with your personal values. Municipal bonds are issued by states, counties, and municipalities to fund a wide variety of capital projects that help improve our quality of life. They have helped build our nation with projects like new highways and bridges, airports, schools, hospitals, libraries, and many other essential elements of our communities.
With municipal bonds, you may:
Invest in infrastructure projects that provide essential services to the communities.
Generate federally tax-free income.
Preserve your client's capital1.
Diversify your portfolio’s fixed income risk across the $4 trillion market2.
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