clean price

(redirected from Flat 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.
References in periodicals archive ?
With flat prices seeing strong increases, many firsttime buyers are turning their attention to other types of property.
With flat prices seeing strong increases, many first-time buyers are turning their attention to other types of property.
the phases of the missions (1, 2, 3, 4, 5, 6 and 7) will be settled by use of flat prices indicated in the breakdown of the overall price (TMP) reported in the tender document.
The StreetEasy Condo Price Forecast predicts flat prices from May to June.
Most agents had forecast flat prices or even small falls this year after Chancellor George Osborne put stamp duty of 7% on homes bought for more than Au2mn, increasing to 15% if bought through offshore companies.
PVC prices dropped 2 cents/lb in May, and flat prices was expected last month.
Management foresees flat prices with improving sentiment over medium term.
Despite flat prices for its major products, CSC saw operating earnings from core business decline by 30% month-to-month in August due to a 3% rise in material costs.
This ties in with Rightmove's December 2009 forecast of flat prices for 2010.
The latest survey from the Association of Residential Letting Agents (ARLA) for the first quarter of 2007 says flat prices in that period rose by 5.
Following a second year of record underwriting profitability with relatively flat prices, insurers are struggling with how to sustain profitable growth.
squeezed between rising costs for raw materials and relatively flat prices on store shelves, said that fourth-quarter earnings tumbled 17%.