it’s been a while…please help me remember what ‘buck a bond’ means. As I recall, it’s $1 per $1000 face of a bond. So if you buy a block of 500 at par ($500,000 worth of a municipal bond) you’re paying $500 in comission?
err, right?
Commissions are a function of the particular bond broker you are buying from. I suggest you call the firm to make sure you are not paying more than you think to place your trade.