TERMIUM Plus®

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MARCHE SECONDAIRE OBLIGATIONS [1 record]

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Alphabetical list of terms

Record 1 1991-11-12

English

Subject field(s)
  • Stock Exchange
  • Investment
CONT

The secondary bond market is a dealers market. Transactions are not effected on an organized exchange but rather "over-the-counter" through a network of bond dealers' offices. Bond quotes are normally expressed by each dealer to the nearest eighth of a dollar, based on $100 principal value of a bond issue (e.g., 95 1/8 bid and 95 3/8 offer).

French

Domaine(s)
  • Bourse
  • Investissements et placements
CONT

Le marché secondaire pour les obligations est un marché de négociants; les transactions sont effectuées hors bourse et non sur un marché organisé. Les cours sont habituellement cotés par chaque négociant au huitième de dollar près pour 100$ de valeur nominale (soit 95 1/8 à 95 3/8).

Spanish

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