Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.3 4.3bsd-beta 6/6/85; site ucbvax.BERKELEY.EDU
Path: utzoo!watmath!clyde!burl!ulysses!ucbvax!ernie.berkeley.edu!mazlack
From: mazlack@ernie.berkeley.edu.BERKELEY.EDU (Lawrence J. &)
Newsgroups: net.invest
Subject: Re: re muni price fall
Message-ID: <12107@ucbvax.BERKELEY.EDU>
Date: Fri, 28-Feb-86 21:21:19 EST
Article-I.D.: ucbvax.12107
Posted: Fri Feb 28 21:21:19 1986
Date-Received: Sat, 1-Mar-86 18:13:07 EST
References: <1666@hound.UUCP>
Sender: usenet@ucbvax.BERKELEY.EDU
Reply-To: mazlack@ernie.berkeley.edu.UUCP (Lawrence J. Mazlack)
Organization: University of California, Berkeley
Lines: 12

>    I have heard that, depending upon how the new tax laws turn out,
>    that there could be a steep drop in price for tax exempt municipal
>    bonds in the not too distant future.

>    Does anyone have any astute insights into this?

Existing bonds would probably be grandfathered, so their value would not
change unless the tax brackets also do (also part of the proposal).

New bonds, would be affected tho.

...Larry Mazlack