Quotes

A bond can have a maturity (or par value) of any amount
For quick comparison, bond prices are quoted as a percentage of par value.

A bond selling at par is quoted as 100
A bond selling at a discount will be quoted at less than 100
A bond selling at a premium will be quoted at more than 100

Price	Quote	Decimal %
95	95	95/100 = 0.95
95.5	95-16	95/100 + 0.5%
95.25	95-8	95/100 + 0.25%
95.125	95-4	95/100 + 0.125%
95.0625	95-2	95/100 + 0.0625%
95.03125	95-1	95/100 + 0.03125%