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Corporate bond quote convention

For example, you may see a quote of 99-103, which translates into $99+10/32 + 3/256$. …
Helin's user avatar
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5 votes

Is there any source that describes Wall Street quotation conventions for fixed income securi...

To supplement @Dimitri's excellent answer, I recommend a little booklet called "Government Bond Outlines," published by JPMorgan's index team. This is easily obtainable from JPMorgan's research websit …
Helin's user avatar
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