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Industry: Email Alert RSS FeedMuni Bonds Online - Web site selling municipal bonds - Brief Article
Kiplinger's Personal Finance Magazine, March, 2000 by Joan Goldwasser
The first NASD-licensed broker-dealer to buy and sell investment-grade municipal bonds online is at www.ebondtrade.com. There you will find real-time bid and ask prices (the price you receive if you're selling or pay if buying) for every bond in its $70-million inventory.
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Registered users can compare these prices with quotes from conventional brokers; eBondTrade vows that its bid-ask spread will be narrow. Once purchased (the minimum transaction is $25,000), the bonds will be delivered to any brokerage account you designate and the cost debited from that account.
COPYRIGHT 2000 The Kiplinger Washington Editors, Inc.
COPYRIGHT 2000 Gale Group
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