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Demand, Supply Fundamentals Are in Muni Bond ETFs’ Favor

By: ETF Trends

August 23, 2021 at 11:02 AM EDT

Long-term fundamentals could support municipal bond exchange traded funds as investment demand could fall short of new muni issuances. About 21% of outstanding tax-exempt debt will mature or be called by the end of 2024, Bloomberg reports. The amount rises to 31% by the end of 2026. Matt Fabian,...

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Demand, Supply Fundamentals Are in Muni Bond ETFs’ Favor