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Clean Price of a Convertible

The price of a convertible as quoted exclusive of accrued interest. That is, the accrued coupon is not not part…

Dirty Price

The all-inclusive price of a bond. That is, the market price of a bond or a similar fixed-income security in...

Dirty Price of Bond

The full price of a bond. It is calculated by adding accrued interest and any commissions or fees to the...

Gross Price of a Convertible

The price of a convertible as quoted inclusive of accrued interest. Some Euroconvertibles such as French convertible bonds are normally...

Clean Price of Bond

The quoted price of a bond. Adding accrued interest to the quoted price gives the so-called dirty price. The dirty...

Next Accrued Interest

The net interest accrued on a bond since its last ex-dividend date. The following formula is usually used to calculate...

All-In Price

The all-inclusive price of a bond. That is, the market price of a bond or a similar fixed-income security in...

Dirty Price of a Convertible

The price of a convertible as quoted inclusive of accrued interest. Some Euroconvertibles such as French convertible bonds are normally...