Price Quotations for Stocks and Bonds
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8 Terms
1
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Stock price quotation
Quoted in dollars and cents (e.g., $38.75).
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Common stock point value
$1 per point.
3
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Bond point value
One point equals $10.
4
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Corporate and municipal bond fractions
Quoted in 1/8ths of a point.
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Basis point definition
1/100th of a point, or 0.01% of $1,000 par value.
6
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Government note and bond fractions
Quoted in 1/32nds of a point; one point equals $10.
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T-bill quotation
Quoted as a percentage discount from par.
8
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“M” in bond quotes
Roman numeral for 1,000; signifies dollar value quantity of bonds.
Note 
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