The total price payable on the purchase of a bond, given by the clean price with an interest adjustment.
Price of a bond including accrued interest. Also called all-in price or invoice price.
The agreed upon price of a security, including the accrued interest.
the price of a debt instrument that includes the amount of accrued interest that has not yet been paid.
The price of a bond which includes accrued interest (see Clean Price).
Inclusion of the accrued value of the coupon in the quoted price of a bond. For instance, a 6 percent annual coupon bond trading at par would have a dirty price of $106 just prior to coupon payment. CreditMetrics estimates dirty prices because the coupon is paid in nondefault states.
A price for a bond which includes the amount of interest that has accrued on the bond since the date of the last interest payment.
The price paid for a fixed income stock including accrued interest.
If a bond is sold in the secondary market at some time between interest payment dates, the bond seller is entitled to payment of the accrued interest since the last payment date.