clean price
(redirected from Clean Prices)Clean price
Bond price excluding accrued interest.
Clean Price
The price of a coupon bond that does not include any interest that accrues. That is, a clean price is the price of a bond discounting future cash flows. Because the dirty price does include interest between coupon payments, the dirty price and the clean price will equal each other only immediately following a coupon payment. Most American exchanges use the clean price when quoting bond prices.
clean price
The price of a bond without accrued interest. Compare dirty price.