Series 66: 2.4.15.2.1. T-Note And T-Bond Quotations

2.4.15.2.1. T-Note and T-Bond Quotations

Like corporate bonds, Treasury notes and bonds are quoted in the secondary market on a price basis where one point equals one percent of par. Unlike corporate bonds, which are quoted in eighths of a percent, government securities are split into units of 32nds. A price quote o