These municipal bonds have unwieldy names, but they all were available to the public recently, offer excellent after-tax yields for in-state residents and are rated AA or better.

Arizona

Glendale Arizona Western Loop Third, Series C

CUSIP # 378343BB2

After-Tax Yield*: 8.7 percent

Maturity Date: July 1, 2017

Comment: These bonds, issued last October, were sold to help build baseball spring training facilities.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

Sources: Investinginbonds.com, Electronic Municipal Market Access, Bloomberg

Antelope Valley California Community College District Election 2004, Series B

CUSIP #: 03667PCB6

After-Tax Yield*: 8.5 percent

Maturity date: Aug. 1, 2017

Comment: This bond was issued to help relieve overcrowding and upgrade job training and academic programs in the Antelope Valley Community College district near Los Angeles.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

Miami Florida Rent Revenue, Series 1988

CUSIP #: 593464AA8

After-Tax Yield*: 10.4 percent

Maturity Date: July 1, 2019

Comment: These bonds, issued two decades ago, are financed by taxes collected on hotels, mobile homes and nearly any other dwelling where someone pays rent.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

Chicago Illinois Transit Authority Sales and Taxable-Pension Funding Series A

CUSIP #: 167725AC4

After-Tax Yield*: 8.6 percent

Maturity Date: Dec. 1, 2040

Comment: The proceeds from these bonds, issued last year, will go into the pension fund of bus drivers and other Chicago area transit workers. They are backed by sales taxes.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

Massachusetts Stat Port Authority Revenue

CUSIP #: 575895CJ4

After-Tax Yield*: 7.9 percent

Maturity Date: July 1, 2011

Comment: This agency routinely sells bonds backed up by money the state gets from airports, bridges and ports.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

New Jersey Economic Development Authority State Pension Funding Revenue, Series1997B

CUSIP #: 645913BB9

After-Tax Yield*: 9.1 percent

Maturity Date: Feb. 15, 2023

Comment: These are zero-coupon bonds, so the interest is accrued at the end when the bond matures.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

New York State Environmental Facilities Corp. State Clean Water Revolving Funds New York City Muni Water-A

CUSIP: 64986AF55

After-Tax Yield*: 7.7 percent

Maturity Date: June 15, 2038

Comment: A bond issued for water quality protection projects in New York City.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

Development Assistance Bonds, Series A (Logistics and Distribution Program)

CUSIP # 67755WAX3

After-Tax Yield*: 8.1 percent

Maturity Date: Oct. 1, 2026

Comment: Ohio issued these bonds recently to help build roads and other infrastructure projects.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

Aqua Pennsylvania bonds, offered through the Pennsylvania Economic Development Financing Authority

Price: $99.90

After-Tax Yield*: 7.7 percent

Maturity Date: Oct. 1, 2039

Comment: These bonds are funding infrastructure improvements to a water utility in Pennsylvania that serves 1.4 million people in 30 counties.

* assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.

San Antonio Texas Electric and Gas Revenue Prerefunded, Series 2000

CUSIP #: 796253NS7

After-Tax Yield*: 8.7 percent

Maturity Date: Feb. 1, 2011

Comment: The bonds are backed by the utility payments of residents in and around San Antonio.

* Assuming in-state resident in the 35% federal tax bracket. Yields as of July 13.