Rubetta

What is a Bond Quote?

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A bond quote is the price at which a bond is trading in the market. The quote includes the bond’s interest rate, par value, and current yield. Why do companies issue bonds? Bonds are a type of debt instrument that companies use to raise capital. By issuing bonds, companies are able to borrow money from … Read more

What Is Hit the Bid?

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The term “hit the bid” refers to the act of placing a buy or sell order at the bid price. The bid price is the price that buyers are willing to pay for a security, and the ask price is the price that sellers are willing to sell the security for. When a trader places … Read more