Par

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Par

Equal to the nominal or face value of a security. A bond selling at par is worth an amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: Discount, premium.

Par

1. Of equal value. The word is often used in relation to pegged currencies; that is, if one currency pegs itself to another at par, it means that the central bank has declared that the currencies are of equal value.

2. The full price of a bond. This is usually, but not always, $1,000 per bond. Coupon payments are calculated as a percentage of par. Likewise, bonds are often traded as a percentage of par. For example, one may buy a bond at 95% of par, meaning that the investor pays $950. It is also called face value.

PAR


par

See par value.
References in periodicals archive ?
As obras indicadas dao uma visao geral da revisao por pares, propiciando um entendimento sobre o processo, os problemas e os desafios desse importante mecanismo dentro do contexto de editoracao de periodicos cientificos.
A abordagem de cointegracao e bem popular para selecionar os pares de ativos a serem negociados na estrategia de pares, entretanto esta metodologia se diferencia da abordagem utilizada na presente pesquisa.
Em Caldeira (2011) a estrategia de pares foi testada em dados diarios no mercado acionario brasileiro.
Pares opina que una flexibilidad en las politicas de vigilancia a finales del siglo corresponde a la expulsion de los Jesuitas del continente.
El quinto capitulo se construye a partir del entrecruzamiento entre las fuentes orales y escritas, lo que represento ciertas dificultades que Pares comenta al lector.
El talabartero conserva con celo media docena de pares usados por su cliente en ocasiones especiales, como el dia de las elecciones y en la toma de posesion: --Los ultimos pares son mas estilizados, casi sin adornos (solo la palabra "Fox" impresa en caracteres pequenos), con tacon recto y bajo y punta redondeada.
Like many other pares, Sandie Blankenship, who works with first graders at Stony Lane Elementary in North Kingstown, Rhode Island, has seen her responsibilities snowball.
Pares, 45, who currently lives in Zurich, was third in the inaugural Commonwealth Mountain and Ultra Distance Championships in Keswick two years ago, but knew that his training had gone well enough to be aiming for gold this time.
Pares was in good form, having won a 12-hour race in Crawley in March, in which he covered over 80 miles, but he did not allow himself to be carried away in the early stages.
By December 1992, it was able to pare a December 1991 balance of $140,000 on a $150,000 line of credit to $5,000.