Identification
- Label (rdfs)
- Near Par
- Preferred Label
- None
- Alternative Labels
- Close To Face Value, Near Nominal Value
- Identifier
- N/A
Definition and Examples
- 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.