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How do I report quantity for a bond with a pro-rata sinking fund that has a factor?

April 26, 2017Bond Factor fund Pro quantity rata report sinking

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How do I report quantity for a bond with a pro-rata sinking fund that has a factor?

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The TRACE system assumes a $1,000 par value, so quantity for bonds that involve a factor must be translated into a percentage of $1,000. Reporting of quantity for bonds involving a factor is the same as reporting quantity for a baby bond.