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What's the meaning of Bonds issued at Par?

幫考網校2020-10-13 17:32:56
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Bonds issued at par means that the bond is sold at its face value, which is the amount that the issuer promises to pay the bondholder at maturity. For example, if a bond has a face value of $1,000 and is issued at par, the bond is sold for $1,000. This means that the bondholder will receive $1,000 at maturity, and the issuer will not pay any additional interest or premium. Bonds issued at par are also known as "at par" or "at face value."
幫考網校
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