BOND PRICING
Clean Price Quotation
Quotes a bond price excluding accrued interest.
Market use
Common in bond markets because it separates market price movement from coupon accrual.
What it means
Quotes a bond price excluding accrued interest.
Example
Settlement cash generally uses dirty price, not clean price alone.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.