At par

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At par

A price equal to nominal or face value of a security. See: Par.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

At Par

1. Describing the full price of a bond. This is usually, but not always, $1000 per bond.

2. Describing any two equal values, especially of currencies. See also: Par.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved