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Glossary Term: DOLLAR BOND

Definition(s) for DOLLAR BOND:


1. ) A bond that is quoted and traded in dollar prices rather than in terms of yield. A bond that is traded and quoted on the basis of its dollar price rather than on its yield. Dollar quotations are fairly unusual except in the case of municipal revenue bonds. Price quotes may or may not include any dealer fees; therefore, it is important for an investor to determine which is the case.



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