Sentences with phrase «full face value of the bond»
At maturity date, the full face value of the bond is repaid to the bondholder.
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State laws allow bail bond companies to charge defendants a premium of up to 12 percent of the face value of the bond imposed by a judge, in exchange for a promise to pay the full amount to the court if the defendant doesn't show up for trial.
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.
On the maturity date, the holder of the bond gets back its full face value (called par value).
Once the bond matures, it may be cashed in for full face value, resulting in profit for the investor and requiring only one additional transaction to complete the process on the end of the issuing entity.