Assertion: convertible bond's price | /r/HasProperty | above par
Facets:
Source sentences:
text: When Price is Above Par?
text: The bond's market price is usually expressed as a percentage of nominal value: 100% of face value, "at par", corresponds to a price of 100; prices can be above par (bond is priced at greater than 100), which is called trading at a premium, or below par (bond is priced at less than 100), which is called trading at a discount.
text: Even if the price is substantially above par, a bond that pays any interest at all will always have a positive current yield.