Series 52: Placement Ratio

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Placement Ratio...

provided by The Bond Buyer, a long-running municipal industry trade paper, this ratio measures the percentage of bonds of at least $5 million issued by underwriters during the previous week that were actually sold. The ratio is generally thought to indicate the strength of the market for issues that will soon be trading in the secondary market after their closing date.

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