Series 7: 3.4.3.4. Listing Of Bond Offerings

Taken from our Series 7 Online Guide

3.4.3.4. Listing of Bond Offerings

Most municipals are quoted and traded on a yield to maturity basis. This type of quote is called a basis quote. Some long-maturity revenue bonds are quoted and traded like corporate bonds as a percentage of par. These are known as dollar bonds. Dollar bonds are usually large-issue term securities, rather than serial issues, and they are traded fairly actively.

A municipal bond qu

Since you're reading about Series 7: 3.4.3.4. Listing Of Bond Offerings, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 7
Please Enable Javascript
to view this content!