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The FINRA operates the TRACE (Trade Reporting and Compliance Engine) system, which reports over-the-counter secondary market trades of fixed-income securities. Find the TRACE Fact Book
- The FINRA operates the TRACE (Trade Reporting and Compliance Engine) system, which reports over-the-counter secondary market trades of fixed-income securities. Find the TRACE Fact Book at www.finra.org/industry/trace/trace-fact-book. Find the data tables and locate the table with information on corporate bond issues, excluding convertible bonds. For each of the last three years, calculate the following.
- The percentage of bonds that were publicly traded and the percentage that were privately traded.
- The percentage of bonds that were investment grade and the percentage that were high-yield.
- The percentage of bonds that had fixed coupon rates and the percentage that had floating rates.
Repeat the calculations using the information for convertible bond issues
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