What is the meaning of Taxable Equivalent Yield?

Subtopics: TEY 

Taxable Equivalent Yield is the yield an investor would have to obtain on a taxable corporate or U. S. Government bond to match the same after-tax yield on a municipal bond. This emuni. Com site has a taxable equivalent yield table for California residents.

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APABarry Goldsmith. (2010). taxable equivalent yield. Retrieved September 23, 2026, from http://smartdefine.org/taxable_equivalent_yield/definitions/1164966
ChicagoBarry Goldsmith. 2010. "taxable equivalent yield" http://smartdefine.org/taxable_equivalent_yield/definitions/1164966 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, taxable equivalent yield, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/taxable_equivalent_yield/definitions/1164966>.
MLABarry Goldsmith. "taxable equivalent yield" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/taxable_equivalent_yield/definitions/1164966>