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What is a pary?

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Anonymous

∙ 9y ago
Updated: 5/11/2022

A pari is a situation when trading bonds when the bond is sold for 100% of it's value.

A bond has a specific value, but is not always sold at that same value. It could be sold for more (above pari) or less to improve (below pari) the success of that bond. When the bonds buy price is 100% of it's value, it's called a "bond a pari".

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Marguerite Considine ∙

Lvl 13
∙ 3y ago
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