The amount that a bond holder will receive from the issuer at redemption. The face value of a bond is only one factor determining the value of a bond on the secondary market. Investors will often pay more than face value for an existing bond with higher yield than is available on a new issue. See Par.
Browse by Subjects
Series E savings bond
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):