Bid Price is an offer to buy at a fixed price or yield. The price, expressed as a percentage of par, which the underwriters pay the issuer on the delivery date for a new issue of bonds. The bid price is equal to the par amount of bonds plus any premium, less any original issue discount, less underwriter's discount - all divided by the par amount of bonds and multiplied by 100%. Accrued interest is not factored into the bid price.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). bid price. Retrieved September 28, 2026, from http://smartdefine.org/bid_price/definitions/1148594 |
| Chicago | Barry Goldsmith. 2010. "bid price" http://smartdefine.org/bid_price/definitions/1148594 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, bid price, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/bid_price/definitions/1148594>. |
| MLA | Barry Goldsmith. "bid price" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/bid_price/definitions/1148594> |