How To Buy Municipal Bonds Directly -

: There are generally no markups or transaction fees when buying in the primary market. However, minimum investments are often higher—typically starting at $5,000 per bond. 3. Secondary Market: Existing Bonds

Most direct muni buying happens here, where you purchase bonds from other investors who already own them. how to buy municipal bonds directly

: Working with a dedicated bond dealer or bank can provide access to specific inventory and professional guidance, though this often comes with higher fees. 2. Primary Market: New Issues : There are generally no markups or transaction

Individual investors typically cannot buy municipal bonds directly from the issuing local government; instead, they must use an intermediary. often called a .

This involves buying bonds during their initial sale period, often called a .