Bond Quotation Example Highlighted quote Maturity CouponBid

Bond Quotation - Example Highlighted quote Maturity CouponBid Asked Chg Asked Yield 2/15/2022 7.25137.625 137.7187 3.6719 What is the coupon rate on the bond? When does the bond mature? What is the semi-annual coupon payment? What is the bid price? What is the ask price? How much did the price change from the previous day? What is the yield based on the ask price?

Solution

coupon rate = 7.25%

maturity = 2/15/2022

semi annual coupon paymnt = 7.25%of 1000/2 = 36.25

bid price = 1376.25

ask price = 1377.187

price change = 2.15

yield = 3.6719%