The term "at par" means at face value. A bond, preferred stock, or other debt instrument may trade at par, below par, or above par. Par value is fixed, while market value changes with credit ratings, ...

If you’re a bond investor, the term “par value” is one you’re intimately familiar with. It’s the original issue value of the bond, also called its face value or nominal value. It’s an important ...

Par value is the minimum legal stock price set by a company in its charter when it authorizes shares. When a company authorizes shares, it also sets the par value for shares to be issued, typically an ...

Stocks' face value is their original listed value; bonds' face value is what's paid at maturity. Face value affects bond interest (coupon rate); buying undervalued bonds can boost yields. In the ...