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The fourth stage in the hierarchy of effects is
Par Value
The face value of a bond or stock, as stated by the issuing company.
Coupon
The interest payment made to the bondholders during the life of the bond.
Maple Bond
A Maple Bond is a debt security, denominated in Canadian dollars, issued by foreign companies or governments that are sold in Canada.
Canadian Bond Market
The marketplace where Canadian government and corporate bonds are issued and traded, reflecting Canada's economic condition and interest rates.
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