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TD Ameritrade Municipal Bond Offering

July 5th, 2011

Vijaianand

I got a flyer announcement from TD Ameritrade yesterday about their Municipal Bond offering with City of Dallas. Municipal bonds are securities issued by or on behalf of U.S. state and local governments, agencies and authorities to fund specific public projects.

TD Ameritrade is participating in an offering of a municipal bond. The City of Dallas, Texas is offering these bonds in order to refund existing debt.

Here are the details of the bond:

	Order period:*		Expected Wednesday, July 6th
	Yield:*		Calculate using Bond Yield Calculator
	Issuer:		City of Dallas, Texas
	Moody’s/S&P rating:*		Aa1/AAA
	Minimum investment:*		$5,000
	Payment frequency:*		Semi-Annual