BOND POINTS


Meaning of BOND POINTS in English

A conventional unit of measure for bond prices set at $1 and equivalent to 1% of the $100 face value of the bond. A price of 80 means that the bond is selling at 80% of its face, or par value .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.