Sentences with phrase «redeemed at face value»

Typically issued and redeemed at face value, these notes and bonds pay out a fixed rate of interest every six months until they mature.

Inverted yield curve A yield curve shows the relationship between the yield on securities and their maturities (how long it is until they can be redeemed at their face value).

Yield curve A yield curve shows the relationship between the yield on securities and their maturities (how long it is until they can be redeemed at their face value).

Not exact matches

If the bond included a «call provision,» the issuer can redeem it early, too — in order to issue new bonds at a lower interest rate, for example — but usually pays you a little more than the face value to do so.

Unlike marketable securities, special issues can be redeemed at any time at face value.

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.

The term refers to the face value of the bond, that is, the value at which the issuer will redeem the bond at maturity (assuming it does not default).

On the redemption date, bonds are usually redeemed at «par», meaning the company pays back exactly the face value of the bond.

They are sold at a known - and generally deep - discount off a known face value that can be redeemed at a known date, so buyers know exactly how much they will earn from an investment in STRIPS.

The special - issue funds are different then normal US treasuries in that the SSTF can redeem special - issue bonds at face value at any time (even before maturity).

Hardly worthless Schrute bucks, these currencies generally allow local residents to purchase them at a discount and then redeem them for full face value at local merchants.

Savings Bond coupons satisfy the no - arbitrage rule, in that (i) the bond can be redeemed at any point of time at a face value of 1, (ii) the bond pays the same effective yield as a SGS bond for the same holding period.

at any time the aggregate face value of XYZ bonds that have not been redeemed is less than 10 % of the aggregate face value of the XYZ bonds originally issued.

Using only the most trivial examples, redeeming US Bank Flexpoints, Chase Ultimate Rewards points, or Barclaycard Arrival + miles for paid tickets allows you to purchase redeemable - and elite - qualifying - mile - earning revenue tickets at a fraction of face value.

As we now live in the States, we also have RBC Bank visa cards, and thought it would be good to pool them but realize they redeem at a rate of half of their face value..

Customers redeeming from a pool using a Platinum product may redeem from any of the Platinum redemptions options available; including Cash - back credits at a face - value of 1.00 % even if the points being redeemed in the pool were earned by a Signature cardholder.

Customers redeeming from a pool using a Signature product may redeem from any of the Signature redemptions options available; including Cash - back credits at a face - value of 1.25 % even if the points being redeemed from the pool were earned by a Platinum cardholder.

Furthermore, you're points are worth 25 percent more when you redeem them for travel, making them even more valuable than they are at face value.

The policy can be redeemed for its face value if the policyholder is alive at the time of expiration.

More eyebrows were raised when it was discovered that tether has a clause in their ToS stating they have no obligation redeem the tethers at face value.