A pricing technique used to indicate an approximate quote for the purchase or sale of a municipal bond issues that trade on a secondary market. Because the market is not very active, sellers or buyers will quote a bid or ask price using vague terminology, such as "around", in order to get an indication of interest.
Related information about workable indication:
- Workable Indication Definition | Investopedia
A nominal quote in the municipal bond market at which price a dealer is willing to either buy or sell a particular issue. This differs from a firm quote as revisions to ...
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Definition of workable indication: A pricing technique used to indicate an approximate quote for the purchase or sale of a municipal bond issues that trade on a ...
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Workable Indication Definition - Workable indication is an indication of the prices and yields that a municipal securities dealer may be willing to...
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In the municipal bond market, Workable Indication is a nominal quote of an approximate price. It is usually a one-sided quote; that is, either a bid price or an ...
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workable quote (or workable indication) is a bid price at which a dealer gives his willingness to buy an issue from another dealer. Revisions of workable ...
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Vocabulary words for Series 7 (chapter 3). Includes studying ...
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it is the 'easiest way' to achieve a workable indication. The limitations of BMI have been recognized for many years. BMI does not provide information on ...
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Nov 26, 2011 ... And that is a workable indication of a true event—a function that can generate great emotions from its audience. No surprise that such an ...