Series 65: 2.11.3. T-Note And T-Bond Quotations

Taken from our Series 65 Online Guide

2.11.3. T-Note and T-Bond Quotations

Like corporate bonds, Treasury notes and bonds are quoted in the secondary market on a price basis where one point equals one percent of par. Unlike corporate bonds, which are quoted in eighths of a percent, government securities are split into units of 32nds. A price quote of

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