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Investments glossary

Workable Indication

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Quotes of the day:

A homosexual who is honest with himself knows that he and his partner will never become parents together, dRINK, DRUGS AND SEX.

— Paolo Gentili

A workable indication is a nominal quote expressed in the municipal bond market showing the price at which a dealer is willing to either buy or sell a particular issue. This indicator differs from a firm quote as revisions to the offer are allowed within a specified period, usually one hour.


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