AI-Generated Top 10 Municipal Bonds for Sale Today
List of municipal bonds for sale
Executive Summary
This selection of top 10 municipal bonds for sale today uses Artificial Intelligence to address various aspects such as issuer reputation, investment potential, and the significance of the issuing entities. These bonds are distinguished by their top-tier BondView ratings and credit assessments, which can indicate low default potential and robust fiscal health. The report aims to guide investors in making more informed decisions.
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| CUSIP | Name | Quantity | Maturity Date | Yield | Coupon | Insured | Asking Price | BondView Estimated Price | BondView Rating | BondView Credit Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 13067WSE3 | CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV WTR SYS-SER BD | 5 | 12/01/2025 | 3.52% | 5% | No | $103.03 | $103.27 | 5 | 10 |
| 49474FLR9 | KING COUNTY, WASHINGTON LIMITED TAX GENERAL OBLIGATION BONDS, 2015, SERIES B (FEDERALLY TAX-EXEMPT) (WA) | 100 | 12/01/2029 | 3.65% | 4% | No | $100.71 | $101.20 | 5 | 10 |
| 574193SX7 | MARYLAND ST ST & LOC FACS LN-SECOND SER A | 35 | 08/01/2024 | 2.92% | 5% | No | $101.67 | $101.42 | 5 | 10 |
| 64480PCZ0 | NEW HANOVER CNTY N C LTD OBLIG SER A | 75 | 02/01/2025 | 3.29% | 4% | No | $100.9 | $100.47 | 5 | 10 |
| 409327KV4 | HAMPTON ROADS SANTN DIST VA SUB-SER A | 10 | 10/01/2041 | 3.21% | 5% | No | $106.65 | $104.78 | 5 | 10 |
| 076221S35 | BEDFORD MASS | 65 | 11/01/2024 | 3.59% | 5% | No | $101.47 | $102.20 | 5 | 10 |
| 574193SX7 | MARYLAND ST ST & LOC FACS LN-SECOND SER A | 35 | 08/01/2024 | 3.38% | 5% | No | $101.29 | $101.42 | 5 | 10 |
| 87973EAC3 | TEMPE ARIZ | 25 | 07/01/2025 | 3.60% | 3% | No | $99 | $99.64 | 5 | 10 |
| 882724MY0 | TEXAS ST REF-WTR FINL ASSISTANCE | 30 | 08/01/2024 | 3.82% | 5% | No | $100.94 | $100.86 | 5 | 10 |
| 620223AG2 | MOULTON NIGUEL CALIF WTR DIST REV REF | 20 | 09/01/2024 | 3.21% | 5% | No | $101.58 | $101.34 | 5 | 10 |
Why These Bonds Are Good Investments
Stellar Evaluations
Each bond is distinguished by its top-tier BondView ratings and credit assessments, which highlight their low default potential. Such positve ratings typically mirror robust fiscal health and efficient financial management.
Appealing Returns
The yields these bonds present are notably enticing, particularly when juxtaposed with the safety they promise due to their premium ratings. This combination of security and favorable returns is precisely what discerning investors covet.
Balanced Term Length
A majority of this list of municipal bonds for sale is are poised to mature within the forthcoming decade, reducing their susceptibility to extended interest rate fluctuations. They offer investors a harmonious mix of lucrative yield and manageable commitment duration.
Regional Economic Resilience
The territories represented by these bond issuers—including locales like California, King County, and Maryland—boast diversified and resilient economic foundations. This economic vigor further buttresses the reliability of the bonds in question.
Significance of the Issuing Entity
The entities issuing these bonds, be they pivotal state sectors or fundamental county units, occupy indispensable roles in their respective regions. This makes them less prone to default, given the essential public services they oversee. Their mandates—be it overseeing water resources, municipal administration, or sanitation—are indispensable to the common good.
Issuer Information
CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV WTR SYS-SER BD
Issuer Reputation: The State of California is a significant issuer of municipal bonds in the U.S., and its Department of Water Resources (DWR) is vital for water infrastructure projects. Historically, the state has a good track record of meeting its obligations, and bonds issued for water resources are backed by the revenues generated from the sale of water.
Investment Potential: Given the continuous need for water in California and the state’s growing population, bonds associated with water projects generally have stable demand and are less likely to default.
KING COUNTY, WASHINGTON LIMITED TAX GENERAL OBLIGATION BONDS
Issuer Reputation: King County is one of the largest and economically vibrant counties in the Pacific Northwest. Its bonds typically have a solid rating due to its diversified economy and robust financial practices.
Investment Potential: Given the county’s solid economic base and its commitment to infrastructure, these bonds are seen as a stable investment.
MARYLAND ST ST & LOC FACS LN-SECOND SER A
Issuer Reputation: The state of Maryland has a long-standing history of fiscal responsibility. It has consistently received high credit ratings, reflecting its strong economic base and prudent fiscal management.
Investment Potential: Bonds issued by the state of Maryland are generally considered safe investments due to the state’s strong economic indicators and fiscal practices.
NEW HANOVER CNTY N CLTD OBLIG SER A
Issuer Reputation: New Hanover County, located in North Carolina, has a diverse economy and a history of stable financial management. The county’s bonds are typically well-regarded in the muni market.
Investment Potential: The county’s economic growth prospects and its commitment to infrastructure projects make its bonds a reliable investment.
HAMPTON ROADS SANTN DIST VA SUB-SER A
Issuer Reputation: Hampton Roads Sanitation District serves multiple cities and counties in Virginia. It has a track record of effectively managing waste and water resources in the region.
Investment Potential: Bonds tied to sanitation and water management tend to have stable demand, making this a good potential investment.
BEDFORD MASS
Issuer Reputation: Bedford is a town in Middlesex County, Massachusetts. As a municipal entity within Massachusetts, it benefits from the state’s generally strong economic health. The town itself has shown stability in its fiscal management and is known for its commitment to the welfare and development of its community.
Investment Potential: Bonds issued by Bedford would be backed by the town’s revenues, which come from diverse sources like property taxes, state aid, and local receipts. Given the town’s commitment to community development and infrastructure, investing in Bedford’s bonds offers the dual advantage of stable returns and the knowledge that the funds are being used for community betterment.
TEMPE, ARIZONA
Issuer Reputation: Tempe, Arizona, part of the Phoenix metropolitan area, is a progressive city anchored by Arizona State University. It boasts a multifaceted economy with strengths in education, commerce, and technology. Historically, Tempe has exhibited stable fiscal management and maintains commendable credit ratings, reflecting its robust financial health.
Investment Rationale: The bond from Tempe offers a promising investment due to the city’s diversified economy, strategic location, and the continuous influx of students and professionals. With a BondView rating of 5 and a BV credit score of 10, the bond signifies low default risk. Its 3.60% yield maturing in 2025 presents a competitive return for a relatively short-term commitment, making it an attractive choice in the current market scenario.
TEXAS ST REF-WTR FINL ASSISTANCE
Issuer Reputation: The state of Texas has a vast and diversified economy, ranging from oil and natural gas to technology and healthcare. The state’s fiscal health is generally robust, and it has a history of meeting its bond obligations promptly.
Investment Potential: Water infrastructure is crucial in Texas, given its size and the varying water needs of its regions. Bonds related to water finance assistance are likely to be stable due to the essential nature of water projects. As the state continues to grow, the demand for water infrastructure will only increase, making this bond a solid investment for the future.
MOULTON NIGUEL CALIF WTR DIST REV REF
Issuer Reputation: Moulton Niguel Water District serves parts of Orange County, California. Given California’s periodic water shortages and the essential nature of water services, entities like Moulton Niguel are crucial for the state’s functioning. The district has historically been efficient in managing its resources and financial obligations.
Investment Potential: With water being a perennial concern in California, investments in water districts are generally seen as stable. The revenue for this bond comes from the sale of water and services, which are consistent and reliable. The bond offers a mix of safety due to the essential nature of the service and decent yields given the state’s infrastructure needs.
SOUTHBOROUGH MASS MUN PURP LN
Issuer Reputation: Southborough is a town in Worcester County, Massachusetts. It benefits from Massachusetts’ overall strong economic indicators and has demonstrated good fiscal stewardship over the years. The town is known for its commitment to maintaining a high quality of life for its residents.
Investment Potential: Southborough’s municipal bonds would be backed by local revenues, primarily property taxes, state aid, and other local receipts. The town’s dedication to infrastructure development and community services makes it a reliable investment, ensuring that bond proceeds are used effectively for the benefit of its residents.
CITY OF CINCINNATI, OHIO WATER SYSTEM REVENUE BONDS
Issuer Reputation: Cincinnati is a major city in Ohio and has a diversified economic base. The city has a track record of responsible fiscal management and has consistently met its bond obligations. Its water system is integral to the city’s functioning, serving both residents and businesses.
Investment Potential: Water system revenue bonds are backed by the revenues generated from water services provided by the city. Given the essential nature of water services, these revenues are consistent and reliable. Investing in such bonds offers stability, and with Cincinnati’s commitment to maintaining and upgrading its water infrastructure, the bonds also promise decent yields. The city’s growth and development trajectory further bolster the bond’s potential as a good investment.
For Investors & Analysts
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This list of municipal bonds for sale is from October 6th, 2023. For real-time municipal bonds for sale information, BondView is your compass. A quick CUSIP entry or an advanced search will lead you to specific bond details, from coupon rates and maturity dates to recent trade prices and current credit ratings.
As with any investment, the market value may vary during the period the investment is held. Subject to prior sale and market conditions. Price as of 10/06/23.