dirty price

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Dirty price

Bond price including accrued interest, i.e., the price paid by the bond buyer.

Dirty Price

The price of a coupon bond that includes the present value of all future cash flows. That is, a dirty price is the price of a bond plus the interest that accrues between coupon payments. Therefore, the dirty price of a bond gradually increases between coupon payments, then retreats immediately after a coupon payment. Many European exchanges use the dirty price when quoting bond prices.

dirty price

The price of a bond including accrued interest. Compare clean price.
References in periodicals archive ?
Thus, we computed the dirty prices based on the number of days the bond was not held by the buyer.
Venture, touting its "down and dirty prices on Hoover Vacs," offered consumers perusing its Nov.