{"iri":"https://folio.openlegalstandard.org/R9hrBuJlNrcENMSAGmTmbbS","label":"Near Par","sub_class_of":["https://folio.openlegalstandard.org/R9UcujGuJ216ZiqT4I2aRge"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["Close To Face Value","Near Nominal Value"],"translations":{},"hidden_label":null,"definition":"Near Par refers to the trading price of a financial instrument, such as a bond or loan, that is close to its face value or nominal value. This indicates that the market price is approximately equal to the par value, typically within a narrow range above or below par.","examples":["A bond trading near par is priced slightly above or below its face value."],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}