Discount Bonds: These are issued or traded below par value. Over time, their price moves closer to par as they approach maturity, assuming yields remain constant.
Other Options:
Par Value Changes: The par value of a bond does not change over time; only its price fluctuates.
SEC and FINRA Bond Basics: SEC Discount Bonds.
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit