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.
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P [equivalent to] Market price (invoice or dirty price);
Let us find the relationship between the simple price and the actual market price (invoice or dirty price).
A general relationship between prices of bonds and their yields
they are quoted free from any accrued coupon in order to facilitate yield comparisons but the actual sale is on the basis of the dirty price, i.e.
War and emerging market default risk: the case of India and the Iraqi invasion of Kuwait
Venture, touting its "down and dirty prices on Hoover Vacs," offered consumers perusing its Nov.
Prices falling on vacs

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