AAPL 217.14 0.8827% MSFT 391.63 0.9824% NVDA 119.44 1.6338% GOOGL 164.77 0.5369% GOOG 166.99 0.427% AMZN 199.22 1.882% META 609.44 4.3454% AVGO 193.1406 -1.2422% LLY 849.67 1.5125% TSLA 236.6 0.3137% TSM 176.96 1.8416% V 341.295 0.4193% JPM 240.905 0.7507% UNH 508.09 0.9718% NVO 79.15 0.1899% WMT 87.01 0.7877% LVMUY 132.06 -0.9451% XOM 115.51 0.0866% LVMHF 660.0 -1.4219% MA 539.64 0.6622%
AAPL 217.14 0.8827% MSFT 391.63 0.9824% NVDA 119.44 1.6338% GOOGL 164.77 0.5369% GOOG 166.99 0.427% AMZN 199.22 1.882% META 609.44 4.3454% AVGO 193.1406 -1.2422% LLY 849.67 1.5125% TSLA 236.6 0.3137% TSM 176.96 1.8416% V 341.295 0.4193% JPM 240.905 0.7507% UNH 508.09 0.9718% NVO 79.15 0.1899% WMT 87.01 0.7877% LVMUY 132.06 -0.9451% XOM 115.51 0.0866% LVMHF 660.0 -1.4219% MA 539.64 0.6622%

Yield equivalence

Updated on August 29, 2023

Yield equivalence is important to municipal bond investors and is defined as the rate of interest on taxable security that would produce a return equivalent to the return of security which is tax-exempt, and vice versa. It is the yield a taxable investment would have to provide to equal the tax-free yield on a municipal bond.