Prices of most widely quoted corporate bonds were unchanged on the day.
And participants in the secondary market for tax-exempt securities said most widely quoted bonds dropped by around 3/8 point.
Municipal bond traders said that prices of most widely quoted bonds fell by about 1/8 point.
In many markets, it is market practice to quote bonds on a clean-price basis.
It is market practice in US to quote bonds on a clean-price basis.
Meanwhile, prices of most widely quoted tax-exempt bonds fell by about 1/2 point, municipal bond traders said.
Traders said that prices of most widely quoted bonds rose by about 1/4 point.
Traders said that prices of most widely quoted corporate bonds were essentially unchanged on the day.
Meanwhile, prices of most widely quoted municipal bonds moved lower by 3/8 point to 1/2 point.
Prices of most actively quoted corporate bonds rose by about 1/8 point.