clean price

(redirected from Flat Prices)

Clean price

Bond price excluding accrued interest.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

clean price

The price of a bond without accrued interest. Compare dirty price.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Bunker fuel demand in Asia was likely to be mixed going into the near term despite a drop in flat prices, trade sources quoted as saying on Wednesday.
After five years of falling or flat prices, headline inflation turned positive in mid-2016 and had risen to 1.0 percent in May 2018.
Flat prices in London have surged by 54% over the past five years, contributing significantly to the national increase, Halifax said.
If London were taken out of the figures, flat prices would have increased by 44% since 2013 while terraced homes would have also seen a 44% increase - putting them in joint first place for the strongest growth out of the property types looked at.
The rise in residential property prices was spearheaded by Limassol where house and flat prices rose 4.1 per cent and 5.5 per cent respectively.
OPEC committed to implement credible production cuts and reduce global crude stocks while hedge funds responded by establishing bullish long positions in both flat prices and calendar spreads.
Second steppers in Colchester, York, Nottingham and Bournemouth may also face a particularly tough challenge to trade up, as house prices have increased particularly sharply in comparison with flat prices in these areas, the research found.
Inflation is low and economists project several more years of flat prices. Prices are down for almost all construction products with the exception of lumber.
Halifax, part of the British government backed lender Lloyds Banking Group (LSE:LLOY), on Friday reported that flat prices have increased by GBP1,000 a month since the financial crash.
With flat prices seeing strong increases, many firsttime buyers are turning their attention to other types of property.