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Bond "Converting" correctly ?


Discussion in Treasury Notes and Bonds

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  #1 (permalink)
vpd1952
memphis
 
Posts: 77 since Mar 2020
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I've been trying to learn and understand Bonds for a bit now
I honestly feel like I am understanding them correctly

However,
I use different Charts from different Platforms and Websites, of which they show them in different Formats

Given this,
can someone please help me in converting the following number format ( 100.00 ) to it's correct 000'00 format

How/what would be the way to convert the following Bond and Grain numbers, as to convert them to the Bonds -
BONDS:
ZB 30YR ( 173'07 format ) that shows 174.03
ZN 10YR ( 138'165 format ) that shows 138.78
ZF 5YR ( 125'215 format ) that shows 125.77
ZT 2YR ( 110'133 format ) that shows 110.43



Thank you as always for the help and input
I really appreciate it


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  #2 (permalink)
 addchild 
Bay Area California
 
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To go from fractional point ('07) to decimal point (0.21875), divide by the number of ticks per point (32).
07/32 = 0.21875

To go from decimal (0.21875) to fractional ('07), multiply by the ticks per point (32)
0.21875 * 32 = 7.


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  #3 (permalink)
vpd1952
memphis
 
Posts: 77 since Mar 2020
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Thanks Received: 23


addchild ,
Perfect
Thanks so much


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Last Updated on October 29, 2020


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