| Bond Quote |
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Quotes
for corporate and government bonds are either a percentage of the
bond's face value or as a dollar value. Corporate bonds are quoted
in increments of 1/8th, where a quote of 99 1/8 represents 99.125%
of par ($1,000), or $991.25. Government bonds are typically quoted
in 1/32nds. And municipal bonds may be quoted on a dollar basis or
on a yield-to-maturity basis.
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