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The best way to have a good idea is to have a lot of ideas.
Linus Pauling Categories
Author Archives: Chris VanDam
New Municipal Bond Auction
Zions Direct announces its first auction of secondary market municipal bonds. The auction will begin Monday, April 20, and will run for eight days. This innovative approach to selling municipal bonds allows retail and institutional investors to set the yield through a competitive bidding process. This is in contrast to the typical approach in which a broker/dealer sets the offering yield. Read More
Municipal Bonds—An Investment for Hard Times
It seems that most election years there is a proposal from a state or local government to approve a bond to fund a public project such as a new school, open space, or another investment in the public infrastructure. You know you can vote for some of these debt securities, but did you know they are also available for public purchase? They are municipal bonds (also known as “munis”).
Municipal bonds work like other fixed-income products, such as CDs and corporate bonds. Buyers loan the issuer, in this case a municipality, some amount of money to fund a public project. The bond buyer is paid some percentage (the coupon) of the bond’s face amount while the bond remains outstanding. At the end of the holding period, the face amount is Read More
World Money Show
Look for Zions Direct at the World Money Show in Orlando February 4-7. We will be hosting a booth and two workshops to describe why Zions Direct is the ideal destination for the self-directed fixed income investor. Attendees will see how our pricing—$10.95 flat fee per online bond and stock trade*—and our online trading platform give them the competitive edge. We will demonstrate how to bid in our auctions for corporate and municipal bonds and FDIC-insured CDs. Also, we will explain how to search and trade over 25,000 corporate, municipal, agency and treasury bonds through Bonds for Less. Read More
