Examlex
What is the common name of the following compound?
Par Value
The face value of a bond or the stock value stated in the corporate charter, which can differ significantly from its market value.
On The Run
Recently issued bond, selling at or near par value.
Yield Curve
A graph showing the relationship between interest rates and the maturity of different bonds of similar credit quality, indicating the term structure of interest rates.
Coupon Bonds
Are bonds that pay the holder a fixed interest rate (the coupon) over a specified period, culminating in the return of the bond's face value on the maturity date.
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