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Above parSee: Par.
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Above parDefinition Having a current price above face value. This would generally be the case if the coupon paid on the bond exceeds the discount rate applicable, or if market interest rates fall after the bon [..]
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Above parA share or a bond whose market value is higher than its nominal value or face value. For example, if long-term interest rates decrease after the issue of the bond, the bond's price will increase [..]
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Above parA commercial term meaning that the article referred to is more than its nominal value. Thus, if you must give more than £100 for a £100 share in a bank company, a railway share, or other stock, we say [..]
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Above parSee: Par.
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Above parThe current price above face value. This generally occurs when the coupon paid on the bond is higher than the market interest rate for similar securities. If the investor purchased the bond above par, he/she will suffer a capital loss upon the Bond's maturity since it will only be redeemed at face value.
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