Community Standouts
New Issuance
Jason Co

Jason Co, a certified financial planner, is the founder of Fiduciary Asian Advisor Network (FAANetwork) and CoPlanning Financial. As an immigrant from Hong Kong with roots in the Midwest, he strives to bring the fiduciary level of financial care to the Asian American population with transparent flat-fee pricing and comprehensive planning.

Jason Co

Jason Co, a certified financial planner, is the founder of Fiduciary Asian Advisor Network (FAANetwork) and CoPlanning Financial. As an immigrant from Hong Kong with roots in the Midwest, he strives to bring the fiduciary level of financial care to the Asian American population with transparent flat-fee pricing and comprehensive planning.

Anatomy of a Deal
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MuniThink

The 5% non-callable-10 structure, which has been the standard for municipal bonds, was tailor-made for advance refunding

Andrew Kalotay says taxpayers would have come out half a billion ahead had the issuer waited out the call date instead of refunding their exempt bonds with taxable paper for 14 transactions between 2018 and 2020.
MuniThink

Issuers routinely refund 5% bonds in year 10, and the resulting savings can be significant. It is notable that although refunding is typically associated with declining interest rates, 5% bonds are refunded even if rates rise.

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