Corporate Bond Quotes

Corporate bond quotes are found on the exchanges or on the Yellow Sheets publication. The YELLOW SHEETS are a daily list of all Over-the-Counter or OTC, (bonds not listed on the NYSE), corporate bonds and are published by the National Quotation Bureau . The list has some quotes from the previous day, but for the most part, the Yellow Sheets are simply information sheets that tell the trading desk which various broker/dealers are willing to trade the particular OTC bond. With the advent of computer data services that provide most of the information about bond inventories, the National Quotation Bureau has moved to providing the Yellow Sheets in an electronic “real time” version. Corporate bonds that trade on the New York Stock Exchange and other exchanges are not found in the Yellow Sheets because they trade on the floor of the exchanges. Three other publications list OTC securities information and inventory availability for stock: Pink Sheets , White Sheets , and Green Sheets.