: Working with a dedicated bond dealer or bank can provide access to specific inventory and professional guidance, though this often comes with higher fees. 2. Primary Market: New Issues
: There are generally no markups or transaction fees when buying in the primary market. However, minimum investments are often higher—typically starting at $5,000 per bond. 3. Secondary Market: Existing Bonds how to buy municipal bonds directly
: Self-managed accounts at firms like Fidelity , Charles Schwab, or Vanguard allow you to research and place orders yourself. : Working with a dedicated bond dealer or
This involves buying bonds during their initial sale period, often called a . often called a .