PSR and Par bond: Difference between pages
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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. | |||
== See also == | |||
* [[Bond]] | |||
* [[Converting from par rates]] | |||
* [[Converting from zero coupon rates]] | |||
* [[Coupon rate]] | |||
* [[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.