The face amount or Par amount of a Bond, not including interest, payable on its Maturity Date.

See Also

Par Value

The stated or face amount of a bond.


The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.

Hudson Yards Rail Yards

Start with the Bond Basics

Hundreds of Terms and Concepts

Downgrade (Ratings)

The lowering of a rating by a Rrting agency. Lower ratings indicate lower credit quality.