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home / news releases / BBN - BBN: Getting Too Cheap To Ignore


BBN - BBN: Getting Too Cheap To Ignore

  • Municipal debt continues to be well supported by few defaults and a strong credit backdrop for IG debt.
  • BBN continues to have an above-average amount of interest rate risk. This makes me reluctant to get too bullish, but the current price has baked in some of this risk.
  • The fund is sitting with a discount to NAV nearing 6%. That has historically been a level where buyers make a nice profit on this product.

For further details see:

BBN: Getting Too Cheap To Ignore
Stock Information

Company Name: BlackRock Taxable Municipal Bond Trust of Beneficial Interest
Stock Symbol: BBN
Market: NYSE

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