Examlex
A financial firm that takes deposits from households and firms is
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, set by the issuing company at the time of issue.
Coupon Bond
A debt security issued by corporations or governments that pays periodic interest payments based on a fixed interest rate until the bond reaches its maturity date, at which point the principal is repaid.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily match the market value.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, accounting for its current market price, face value, interest rate, and time to maturity.
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