Special features, such a call feature, allow either the bond issuer or the bond investor to redeem
the bond at full value before the stated maturity date.
Not exact matches
Zero - coupon Zero - coupon corporate
bonds are issued
at a discount from face
value (par), with the
full value, including imputed interest, paid
at maturity.
There are exceptions, such as a charity auction, where you can donate land or other appreciated property (such as stocks or
bonds) and deduct these contributions
at full fair market
value?
Because a
bond will always pay its
full face
value at maturity (assuming no credit events occur), zero - coupon
bonds will steadily rise in price as the maturity date approaches.
At maturity date, the
full face
value of the
bond is repaid to the bondholder.
Bonds are not necessarily issued
at par (100 % of face
value, corresponding to a price of 100), but
bond prices will move towards par as they approach maturity (if the market expects the maturity payment to be made in
full and on time) as this is the price the issuer will pay to redeem the
bond.
Treasury sells Series EE
bonds for one - half of face
value and Series I
bonds at full face
value.
But
at maturity, Lisa would receive the
full $ 1,000 face
value, even though she only paid $ 955 for the
bond.
Now, carefully selected muni, mortgage and corporate
bonds have
value here, though don't put on a
full position
at present.
Some
bonds are bought at a discount (EE Bonds) and only pay full value if held to matu
bonds are bought
at a discount (EE
Bonds) and only pay full value if held to matu
Bonds) and only pay
full value if held to maturity.
Residual
bonds and stripped coupons are purchased
at a discount and redeemed
at their
full nominal
value at maturity, although they may be sold in whole or in part before maturity.