Original Issue Discount (“OID”)
The amount by which the par value of a bond exceeds its issue price.
bond-basics
Par Value
The stated or face amount of a Bond. The Par Value is also referred to as the face amount.
Preparing Bonds
Learn about over various terms and concepts that may arise while preparing a bond issue.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Certificate of Participation (“COP”)
Financing that allows an investor to purchase a participation interest in a stream of payments generated by a lease, installment sale agreement or other governmental obligation.