How do muni bond price quotes work? - muni bond prices
I take an examination of values and was confused about the muni bond prices, because they are cited. Corporate Bonds when he says, 97,5 and 97, ie, the 5 / 8. The bonds of the average 97 and 5 / 32. What do you mean by Muni Bonds?
Thursday, December 31, 2009
Muni Bond Prices How Do Muni Bond Price Quotes Work?
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They are considered "bonus of 6%, 6.5% of the base, which means that you have listed a voucher in the amount of 6% and a yield of 6.5%.
If the course is for 8 Valid ... Ie, 95 and 3 / 8. In addition, the calculation of interest, corporate bonds and municipal use, and 360-year government bonds with the day 365 years.
Ron, ChFC
Financial Advisor
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