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A bond redeemable at par which is currently trading at a market price equal to its par value.

The current market yield on the par bond is therefore equal to its coupon rate.


== See also ==
* [[Bond]]
* [[Coupon rate]]
* [[Par]]
* [[Converting from zero coupon rates]]

Return to Par bond.

Retrieved from ‘https://wiki-dev.treasurers.org/wiki/Par_bond’

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