Discount
Newly-issued bonds are typically sold at some sort of Discount. So a bond that has a face value of $1,000 and sells for $925 has a $75 discount. When interest rates rise, bonds are discounted more because you need a less expensive bond to achieve the same interest rate.
(more Discount information below useful links)
See Also
More Discount Information
Search ThinkGlink.com real estate articles and personal finance articles for this term: Discount ![]()
Contact Us | Sitemap | Terms of Use | Glossary
Copyright ©2001-2007. ThinkGlink, Inc.
All rights reserved. Reproduction of material from any www.ThinkGlink.com pages without permission is strictly prohibited.
Site designed by Walker Sands Communications
Copyright ©2001-2007. ThinkGlink, Inc.
All rights reserved. Reproduction of material from any www.ThinkGlink.com pages without permission is strictly prohibited.
Site designed by Walker Sands Communications