More NewsBMA Adds Corporate Bond Prices To Website

BMA Adds Corporate Bond Prices To Website

The Bond Market Association is adding corporate bond prices to its web site through the Trade Reporting and Compliance Engine (TRACE), a vehicle that was developed by the National Association of Securities Dealers (NASD). Corporate bond prices are being added to a comprehensive, free of charge database that already includes information on municipal and Treasury bonds. Explaining the move, Micah Green, president of the Association, said: ‘The NASD and the Securities & Exchange Commission created TRACE to provide investors with better information about transactions in corporate bonds. With the NASD’s recent expansion of the number of bonds covered by the program, it’s only fitting that The Bond Market Association make that information available to retail investors in a free and user friendly manner.’

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