Examlex
An extensive set of rules issued by agencies of the federal, state, and local governments are collectively known as
Sale of Bonds
The process by which a corporation or government issues bonds to investors in order to raise capital.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the bond's face value.
Market Rate
The prevailing interest rate available in the marketplace for investments of a similar nature and risk.
Premium
The amount by which the price of a financial instrument or commodity exceeds its face value or market value respectively.
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