The River Rock bond yesterday was being quoted 66 to 80!!! My broker quoted me 78. I was able to use the above tools to see the real market was 68 to 69.5, if you were a stingy buyer. Today, Etrade lists the value of my River Rock bonds at 72 each. On the search engine, though, they're still selling at 80; I also see a 67.25 value, which, I assume, is what I would get if I sold my bonds today. At least they're selling individual bonds today instead of minimum lots of 25 as I saw last week. I assume these wide spreads are the result of bonds being so thinly traded compared to stocks?So, IB is the only brokerage that allows you to put in a limit order for a bond?
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