Par bond: Difference between revisions
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imported>Doug Williamson (Link with Converting from zero coupon rates page.) |
imported>Doug Williamson (Link with Converting from par rates page.) |
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* [[Converting from zero coupon rates]] | * [[Converting from zero coupon rates]] | ||
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Revision as of 22:05, 15 November 2015
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.
