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KaffeemitMilf
6 months ago

This is the actual price of a bond. So the current price + the until then cumulative unit interest rates.

For example, if the bond has a nominal value of €1,000 and the interest rate (coupon) is 4% and the price after half a year stands at 105%, the KPS (Kurs Plus Pieces) is at 1.070€. So 50€ price gain + 20€ accrued interest.