Bond Points
18 January 2010 by bbu09 Add a comment
Topics: BeaBu Glossary > B
Tags: bond, bond points, bond price, face value, nominal value, par value
Bond points definition
A bond point is a unit that is commonly used to measure bond prices. One bond point equals 1 dollar or 1 percentage point in the price of a bond, whose nominal value (face value or par value) is 100 dollars.
Bond points example
For example, a price of 80 (in bond points) represents 80% of the bond’s face value.
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Topics: BeaBu Glossary > BTags: bond, bond points, bond price, face value, nominal value, par value