Some bonds are listed on major exchanges. Their trading prices are published but those prices are said to be available only for large transactions, some say $1MM or more. Most bonds are traded over the counter and prices are not published. This situation is usually resolved by referencing the yield of the debt security in question to the Treasury bond yield curve for bonds of the same maturity. Moody's and others publish average yield differentials as a pricing guide.
Related Fool Articles
Recent Mentions on Fool.com
- 1 Thing Warren Buffett Desperately Wants You to Know About Berkshire Hathaway
- 5 Lessons That Could Save You $10,000
- Are High-Yield Dividend Stocks Worth the Risk?
- 1 Top Dividend Stock For Retirees To Buy
- Too Little Risk Can Be Just as Dangerous as Too Much
- 6 Things I Learned From the Biography of Joseph Kennedy