What does clean price mean?
Definitions for clean price
clean price
This dictionary definitions page includes all the possible meanings, example usage and translations of the word clean price.
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Wikipedia
Clean price
In finance, the clean price is the price of a bond excluding any interest accrued since bond's issuance and the most recent coupon payment. Comparatively, the dirty price is the price of a bond including the accrued interest. Therefore, Clean Price = Dirty Price − Accrued InterestIn Bloomberg Terminal or Reuters, bond prices are quoted using the clean price. Traders tend to think of bonds in terms of their clean prices. Clean prices are more stable over time than dirty prices. When clean prices change, it is for an economic reason such as a change in interest rates or the bond issuer's credit quality. Dirty prices change day to day depending on the date relative to the coupon payment dates, as well as economic reasons.
Numerology
Chaldean Numerology
The numerical value of clean price in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of clean price in Pythagorean Numerology is: 5
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"clean price." Definitions.net. STANDS4 LLC, 2024. Web. 2 May 2024. <https://www.definitions.net/definition/clean+price>.
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