or prices on new issues below face value, have mostly disappeared. “The fact that so much is pricing closer to par and so much of the secondary market trades above par, people are really ...

Investing can be filled with a lot of industry jargon. Par value is a term you may hear in relation to the value of a bond or share of stock. In this instance, we are concerned with the par value ...

Loans to X Holdings Corp. that banks had on their books at big discounts just a few months ago are being sold at face value now ... being sold at essentially par, or 100 cents on the dollar.

or prices on new issues below face value, have mostly disappeared. “The fact that so much is pricing closer to par and so much of the secondary market trades above par, people are really, really ...