A bond is listed in a newspaper at a bid of 105.4844. This quote should be interpreted to mean:

the bond will pay annual interest payments of $105.4844 per $1,000 of face value.the bond will pay semiannual interest payments of $105.4844 per $1,000 of face value.the bond dealer is willing to sell that bond for a price equal to 105.4844 percent of par.

you can sell that bond at a price equal to 105.4844 percent of face value.you can buy that bond at a price equal to 105.4844 percent of face value.