An Investor's Guide to Corporate Bonds [View article]
Jimmy: Bonds are issued by companies at a part value - what an investor pays includes costs and commissions and can be more or less on the open market""""""
My dictionary says: Par value = the price listed on the face of the bond, i.e. the value at maturity
Bonds are often sold at a little less than par to adjust the yield to market conditions.
An Investor's Guide to Corporate Bonds [View article]
My dictionary says:
Par value = the price listed on the face of the bond,
i.e. the value at maturity
Bonds are often sold at a little less than par to adjust the yield
to market conditions.
An Investor's Guide to Corporate Bonds [View article]
so much misinformation,
" bond is sold initially at par"