DEFINITION of 'Basis Price'
Price quotation for a security expressed in terms of yield to maturity. This will usually only be quoted on fixedincome securities such as bonds.
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BREAKING DOWN 'Basis Price'
For example, if a bond price was quoted as 10% and this was also the yield to maturity, then the 10% would be the basis price.RELATED TERMS

Yield Basis
A method of quoting the price of a fixedincome security as a ... 
Yield To Average Life
The yield on a fixedincome security when the average maturity ... 
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The risk that an investment's value will change due to a change ... 
Term To Maturity
The remaining life of a financial instrument. In bonds, it is ... 
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Current Maturity
The interval between the present date and the maturity date of ...
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