Municipal Index Note (MINT)

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A Municipal Index Note (MINT) is a structured investment that attempts to deliver an above market return by leveraging the inefficiencies embedded in the tax-exempt municipal curve via SIFMA[1] based swaps. Popular among investors who desire to get exposure to the U.S. municipal market but who lack appetite for income that is free from taxes is the U.S.

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Sample SEC filing for Note arranged by Deutsche Bank AG, New York [2]