Original Issue Discount (“OID”)
The amount by which the par value of a bond exceeds its issue price.
The stated or face amount of a Bond. The Par Value is also referred to as the face amount.
Learn about over various terms and concepts that may arise while preparing a bond issue.
The amount by which the par value of a bond exceeds its issue price.
The document prepared by, or for, the Issuer and distributed to investors to provide disclosure with respect to one or more issues of bonds.