Par Value
Type Face value
It prorated in it's decrease to face value
the face value plus the unamortized premium.
The bond sells at a discount from its face value--sometimes a BIG discount. At the date of maturity, the bond will give you the full face value.
Bonds sold at face value, or par value, are issued at their nominal value, which is the amount the issuer agrees to pay the bondholder at maturity. For example, if a bond has a face value of $1,000, it will be sold for $1,000 when issued. Investors typically receive interest payments based on this face value until maturity, when they are repaid the full amount. Selling at face value indicates that the bond is not being sold at a premium or discount relative to its value.
The three main characteristics of bonds are their face value (par value), coupon rate (interest rate), and maturity date (when the bond will be repaid). Bond prices fluctuate based on market interest rates, with higher rates leading to lower bond prices and vice versa. Bonds can be issued by governments, municipalities, or corporations to raise funds.
Par Value
Type Face value
It prorated in it's decrease to face value
the face value plus the unamortized premium.
The bond sells at a discount from its face value--sometimes a BIG discount. At the date of maturity, the bond will give you the full face value.
The bond sells at a discount from its face value--sometimes a BIG discount. At the date of maturity, the bond will give you the full face value.
You do not say what these are, however, US Savings Bonds are sold for less than the face value, and attain face value when they are fully mature.
You do not say what these are, however, US Savings Bonds are sold for less than the face value, and attain face value when they are fully mature.
A bond's face value is typically repaid to the bondholder at maturity. This represents the principal amount borrowed by the issuer, which is returned to investors along with any final interest payments.
premium