Dirty price: Difference between revisions

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Revision as of 14:19, 23 October 2012

Bond pricing. The dirty price of a bond includes accrued interest and is the total amount payable on the sale and purchase of the bond in between interest payment dates.
Also known as the 'invoice price' of the bond, because this is the amount that would be payable by a buyer to a seller, for the transfer of ownership of the bond.

See also