FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/R9hrBuJlNrcENMSAGmTmbbS
Label Near Par
Preferred Label N/A
Identifier N/A
Alternative Labels
Close To Face Value Near Nominal Value

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.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Parent Class Of 0

  • • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available