What does bond quote mean?

bond quote meaning in Law Dictionary

The relationship prices stated within the monetary press or papers. It really is centered on par price. One-point is ten dollars. The smallest amount is 1/8 for corporate bonds and 1/32 for government bonds.

bond quote meaning in Business Dictionary

relationship costs are quoted when you look at the monetary hit and magazines in things, on the basis of the par value (in multiples of $1,000) with one-point equaling ten dollars. The littlest quoted variation is 1/8th of a place for business bonds, and 1/32nd of a spot for government bonds.