1. A municipal bond quoted in terms of dollar price rather than yield.
2. A bond denominated in U.S. dollars but issued outside the U.S. or by a foreign corporation in the U.S.
Related information about dollar bond:
- Dollar Bond Definition | Investopedia
1. A U.S. denominated bond that trades outside of the United States. Along with the principal, any coupon payments from the bond are paid in U.S. funds.2.
- What is dollar bond? definition and meaning
Definition of dollar bond: A municipal bond quoted in terms of dollar price rather than yield.
- Dollar Bond: Definition from Answers.com
Dollar Bond 1. Popular name for a municipal revenue bond quoted and traded in dollar price, rather than Yield to Maturity.
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- What is a Dollar Bond?
Dollar bonds are municipal bonds that are quoted with a specific dollar price rather than basing the quote on a percentage. This type of bond is relatively ...
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