Par bond: Difference between revisions
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A bond redeemable at par which is currently trading at a market price equal to its par value. | 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. | The current market yield on the par bond is therefore equal to its coupon rate. | ||
== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
* [[Converting from par rates]] | |||
* [[Converting from zero coupon rates]] | |||
* [[Coupon rate]] | * [[Coupon rate]] | ||
* [[Par]] | * [[Par]] | ||
[[Category:Financial_products_and_markets]] |
Latest revision as of 08:49, 29 June 2022
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.