Municipal Bonds

Janney Montgomery Scott’s Municipal Bond Trading Desks in Philadelphia, PA, Hartford, CT, and Toms River, NJ, specialize in the trading of institutional and retail tax-exempt and taxable municipal bonds.  With an average of more than 18 years of experience, our traders can connect you and your portfolio directly to the municipal securities markets.  The Municipal Bond Department is committed to providing their expertise to help you make informed investment decisions.

  • General Obligation Bonds (GOs)
  • Revenue Bonds
  • Appropriation-Backed Bonds
  • Industrial Development Revenue Bonds
  • Insured Bonds
  • Taxable Municipal Bonds
  • Pre-refunded and Escrowed Bonds
  • Short-term Municipal Notes
  • Zero Coupon Bonds
  • Periodic Fixed Income Publications

    Janney Daily Fixed Income Commentary, published each morning, reviews the previous day’s market performance and economic results.  View Janney’s daily commentary by clicking here.

    Janney Fixed Income Weekly is an in-depth publication tracking key happenings in the fixed income market.  View this week’s issue by clicking here.

    Recent Municipal Bond Articles

    Cushion Bonds: Investments that Kick highlights how, particularly in a rising rate environment, cushion or kicker bonds – premium-priced callable securities with yield-to-maturity greater than yield-to-call – can provide solid bang for the buck.  View the article by clicking here.

    Taxable Municipal Bonds may sound like a financial oxymoron, but owning this “oxymoron” can add a measure of diversity and yield to an investor’s portfolio.  View the guide by clicking here.

    Taxable Equivalent Yield is an introduction to “TEY,” which provides a metric for comparing the taxable bond yields to tax-free bond yields, considering the impact of taxes.  View the article by clicking here.

    A Laddered Approach shows why building a laddered bond portfolio is one of the best ways for bond investors to address interest rate volatility.  View the article by clicking here.