Dirty price: Difference between revisions
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Revision as of 17:49, 9 November 2013
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.
