Par Value

DailyFinance  Dec 5  Comment 
Niagara Mohawk Power Corp.(the “Company”), an indirect subsidiary of National Grid USA (“National Grid”), announced that its Board of Directors has declared dividends for the period October 1, 2013 to December 31, 2013...
Benzinga  Jan 31  Comment 
(c) 2011 All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
Business Times - Malaysia  Mar 4  Comment 
Gefung Holdings Bhd, a Malaysian marble and granite products maker, said it proposed a par value reduction and rights issue to raise funds to recapitalize the company. It plans to cancel 80 percent of the par value of each share, from 1 ringgit...
Business Times - Malaysia  Dec 8  Comment 
BIG Industries Bhd has proposed to reduce the par value of its existing ordinary shares of RM1 each to 20 sen per ordinary share. In a filing to Bursa Malaysia today, BIG said it would also undertake a renounceable two-call rights issue. "The...
Mondo Visione  Sep 7  Comment 
Hellenic Exchanges S.A. informs investors that the 2nd Repetitive General Meeting of shareholders, which took place on 21.6.2010, decided among other items to reduce the share capital of the company by the amount of EUR8,497,913.19, which will...


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The par value refers to the amount that the issuer of a bond is supposed to repay the holder at or by the maturity date. It is also known as principal value, face value, redemption value and maturity value. If the par value of a bond is $5,000 it means that the issuer of the bond will have to pay back the bondholder $5,000 before the maturity date of the bond.

Bond prices are quoted as a percentage of par value. A $10,000 bond selling at "95" means that the market price of the bond is $9,500. A bond may trade above or below its par value.

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