Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
And there’s nothing fundamentally wrong with selling debt instruments for more than their par value.
Source: https://www.nytimes.com/2023/05/07/opinion/debt-ceiling-platinum-coin-premium-bonds.html
D will very likely be trading near its $25 par value as we approach the April 6, 2024, call date.
The preferred shares are currently trading at a 5.5% discount to their par value of $25 per share.