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Dollar Bond

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Dollar Bond
1. A bond issued in U.S. dollars, especially one issued by a non-American government or company.

2. A bond quoted by price rather than yield. Generally speaking, municipal revenue bonds are the only bonds that use a dollar bond convention.
dollar bond
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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