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  • PG Bond Example 2

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    Suphakson Kunrotphanit
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    Bonds are traded electronically without a central exchange, but FINRA provides pricing information online. Their website allows users to search for the most recent trades and quotes of bonds. A screenshot from the site shows the last trade of a Procter & Gamble bond was $142.41 per $100 face value, implying a yield to maturity of 2.19%.

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    Bonds are traded electronically without a central exchange, but FINRA provides pricing information online. Their website allows users to search for the most recent trades and quotes of bonds. A screenshot from the site shows the last trade of a Procter & Gamble bond was $142.41 per $100 face value, implying a yield to maturity of 2.19%.

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    4 views3 pages

    PG Bond Example 2

    Uploaded by

    Suphakson Kunrotphanit
    Bonds are traded electronically without a central exchange, but FINRA provides pricing information online. Their website allows users to search for the most recent trades and quotes of bonds. A screenshot from the site shows the last trade of a Procter & Gamble bond was $142.41 per $100 face value, implying a yield to maturity of 2.19%.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    Finding Bond Prices on the Web

    Unlike the NYSE where many stocks are traded, there is no particular physical
    location where bonds are traded. Instead, they are traded electrically. Recently, the
    Financial Industry Regulatory Authority (FINRA) has made an effort to make bond
    prices more widely available. The Web site: www.finra.org/marketdata, allows
    anyone to search for the most recent trades and quotes. Here, we show a screenshot
    from the Web site displaying the pricing information for one of Procter and Gamble’s
    (PG) bonds.
    The last trade was $142.41 per
    $100 face value, implying a
    yield to maturity of 2.19%
    Source: www.finra.org/marketdata, September 3, 2016.

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