A fixed-income investment the market price of which is higher than its face or par value.
a government bond that bears no interest or capital gains but enters the holder into lotteries
a bond priced greater than par
a bond that is priced higher than its par value
A bond that is valued at more than its face amount.
A bond selling above par or face value.
A bond whose value is greater than its face value
A bond that has a market price that is greater than the bond's principal or par value. Contrast with discount bond.
A note or bond selling at a price above par.
bond that is selling for more than its par value.
government lottery bond without interest
A bond selling for more than its par value.
Any bond that sells at a price above the face amount (See Discount Bond).
A premium bond sells at a current market price that is more than its face value. Bonds sell at a premium when the coupon on the bond is higher than prevailing rates. For example, you might have to pay $1,090 for a bond with a 6% coupon if new issues yielding 5.5% are available for $1,000.
Bonds mature at a par value, which is almost always $1,000. A premium bond is any bond that is currently trading at a price above par. A discount bond is a bond trading at a price lower than par.
A bond that is selling above its face value or redemption price. See: Bond; Face Value; Redemption Price
prerefunding Price Value of a Basis Point
A bond selling above par; opposite of a discount bond. The excess over par is called the premium.
A bond with the selling price above face or redemption value.
A Premium Bond is a bond issued by the United Kingdom government's National Savings and Investments scheme. The government promises to buy back the bond on request for its original price.