Municipal Bond Forum
Keeping registered bonds in your possession
Q
I’m thinking of opening an account and would like to know if it’s possible to hold some bonds in my account and have some registered in my name where I physically hold them?
A
James A. Klotz responds:
There is no reason you cannot keep your registered bonds in your possession and continue to receive the interest directly from the paying agent while you maintain a safekeeping or custodial account to hold your book-entry bonds.
If you were to deposit your registered bonds into a safekeeping account, they would be held in “street name.”
Start here.
Do you have specific criteria for bonds you’re looking for? Let us know and we’ll e-mail you bonds that fit your needs. There is no charge for this service.
This report is produced solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. This report is based on information obtained from sources believed to be reliable but no independent verification has been made, nor is its accuracy or completeness guaranteed.