Schwab Reduces Bond Trade Prices

Published June 13, 2007, 1:00 a.m. EDT

Updated June 12, 2007, 2:11 p.m. EDT

1 Min Read

Charles Schwab Corp. announced Tuesday that it has lowered its prices for bond trades.

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Customers will pay the flat rate of a $1 markup per bond for online trades, while broker-assisted trades will include online pricing and a $25 fee per transaction.

Clients enrolled in Schwab Private Client or Schwab Advised Investing Signature will not be charged for markups and will pay no broker-assisted fee.

The San Francisco company said pricing for new issues and treasuries at auction will not change.

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