Monday, May 30, 2011

A Cool Way to Look Up Prices for Municipal Bonds

Municipal bonds trade in a very illiquid market. Bond owners are at the mercy of their brokerage firms in terms of getting muni price quotes. Now, you have an easy way of getting quotes, or at least recent sales.

FINRA, the Financial Industry Regulatory Authority, has a Quick Bond Search. Just click on the Municipal button, enter the CUSIP number in the symbol box, and click the Search button.

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