The amount charged is accurate though.
2006-07-13 04:26:15 · 3 answers · asked by Operation C 1 in Business & Finance ➔ Personal Finance
Because one lot = $1,000 worth of bonds
2006-07-14 05:37:30 · answer #1 · answered by ps2754 5 · 0⤊ 0⤋
What type of bonds are they? What is the face value of the bonds?
Many times bonds are discussed not in terms of how many bonds but in terms of the total face value.
Are you buying 10 $1,000 bonds?
and no, you would not pay $10,000 for them as they are probably non-coupn bonds that trade at a discount (or a premium)
2006-07-13 12:37:18 · answer #2 · answered by urbanbulldogge 4 · 0⤊ 0⤋
Bonds can be traded on the secondary market. I think that that number represents the market value of your bonds if you were to sell them now. This number will change depending on current market conditions.
2006-07-13 13:59:24 · answer #3 · answered by yanks2551 1 · 0⤊ 0⤋