A bond that sells at value below par value.
A bond with a market value lower than par; occurs when market rates are greater than the coupon rate.
One that sells at a current market price that is less than its face value. Bonds sell at a discount when the coupon on the bond is lower than prevailing rates. For example, you might have to pay only $812 for a bond with a 6.5% coupon if new issues yielding 8% are available for $1,000.
A bond that is trading in the market at a price below its face value.
They are debt instruments sold for less than its par value.
a bond bought at a discount, or a price less
a bond sold at less than par
A bond selling below par, as interest in-lieu to the bondholders.
A bond that sells in the marketplace at a price below its face value.
A bond that sells below its par value; occurs whenever the going rate of interest rises above the coupon rate.
Bonds mature at a par value, which is almost always $1,000. A premium bond is any bond that is currently trading at a price above par. A discount bond is a bond trading at a price lower than par.
A bond that is sold for less than its face amount of principal.
A bond selling below par; a "Pure" Discount Bond is one without coupon and always sells below par. See also Discount Basis.
A bond that is valued at less than its face amount.
A bond whose value is less than its face amount
A bond that is sold below the par value.
A bond that has a current market value that is lower than the bond's principal or par value. Contrast with premium bond.
A bond that is selling, or was issued, at a dollar price below the par value.
A bond selling below it's redemption value.
A bond selling below par. See Par.
A bond purchased at an amount significantly less than the face value of the bond. Most common issues are zero-coupon bonds. Generally, discount bonds accumulate interest through the life of the bond, paying both principal (original purchase price) and accumulated interest at maturity.
Debt sold for less than its principal value. If a discount bond pays no interest, it is called a zero coupon bond.
A bond selling at a price below its redemption value.
Also called a zero coupon bond, a bond that does not pay interest income until it matures.
Any bond that sells in the marketplace at a price below its face amount. (See Premium Bond)
A discount bond is a debt instrument that is selling below its face value.
Bond trading for less than its redemption value. See: Deep Discount Bond
Bond sold at a discount from face value. Part of the yield investors receive from holding such bonds does not come from interest payments but from capital gains that accrue because of the discount.