How do increases or decreases affect bond prices?
I lately have been reading articles talking about the effects taxes on bond prices but I don't completly understand it. Can someone give me a summary of the tax effects on bond prices? Thanks.
Bond best answer:
Answer by Felicia Renee
From what I understand, the only things that change bond prices are:
a) Your credit
b) Your contract amount
c) Your agency
d) Your surety company (the one your agency picked for you)
Typically the companies we see are rated based on credit. There are a few standard rates for people with different types of credit. Other companies might charge more or less for the same credit scores but I'm sure it averages to be about the same.
I can't imagine taxes affect that - aside from charging insurance companies more which may make them charge you more.
Bond
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Bond Memorial Public Library just celebrated its 80th birthday on January 26th of this year; this 1,610- square-foot library opened in January 1929. The quaint, Hawaiian-style library building with a high, steep roof is across the street from the original King Kamehameha I statue.
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