BenchmarkPriceType/1 Percentage
From FIXwiki
BenchmarkPriceType Value 1
| Value | Name | Field(tag) | First introduced |
|---|---|---|---|
| 1 | Percentage | BenchmarkPriceType(663) | FIX.4.2 |
The ratio between the current price of a bond and its par value adjusted for amortization or indexing and expressed as a percent. For example if a EUR1,000 bond is trading at EUR1032.50 its price is expressed as 103.25 or 103?. In the US this is usually referred to as the "dollar price" even in scholarly material and handbooks.
Notes
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