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 amount, if any, by which the price paid by the purchaser of a bond exceeds the par value of the bond.