Municipal Bond Certificates from Germany
Engraved municipal bond certificates issued by local governments representing debt obligations with fixed interest payments. These are documents of title with recognized market value. Under HTS 4907.00.00.00 as bond certificates.
Duty Rate — Germany → United States
10%
Rate breakdown
9903.05.3910%Section 301 (forced labor) — European Union member state (col1 rate < 10 percent): MFN < 10% → total duty capped at 10%
Import Tips
• Provide municipal bond prospectus and official statement documentation
• MSRB registration may be required for broker-dealers importing securities
• Distinguish from savings bonds; municipal obligations have different regulatory treatment