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> I would have thought people use normal decimal numbers everywhere. US Government Bonds, the touchstone of the core Bloomberg user, are traded in 256ths of a
by bboreham 10y ago
> I would have thought people use normal decimal numbers everywhere.
US Government Bonds, the touchstone of the core Bloomberg user, are traded in 256ths of a dollar.
The notation there, however, is not fractions. The number shown is whole dollars, then 32nds, then 8ths of a 32nd; except 4/8ths is shown as '+'
Fun times...
- elcapitan 10y agoWeird enough :) Thanks!