I'd hold to maturity, which is what I'm doing with my municipals. When the fed RAISES interest rates for the first time, I'd consider selling. If you buy different bonds, you'll pay the price based on current interest rates. The several times interest rates have been lowered and the current low interest environment are the reason you show a big paper profit. Some of your bonds may be called away, depending on the terms for each bond. Typically a municipal bond can be called 10 years after issue, but each issue is different. Best wishes, Chris
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