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Wells Fargo Asset Management

2021 Top 500 ranking: 46

An opportunity for muni investors: Forward-delivery bonds

An opportunity for muni investors - Forward-delivery bonds

One of the many effects of the Tax Cuts and Jobs Act of 2017 was to eliminate the ability of municipal issuers to refund tax-exempt debt ahead of any call dates with additional tax-exempt bonds. This left issuers who wanted to refund tax-exempt debt before a call date with three ...

Wells Fargo

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