You do not say what these are, however, US Savings Bonds are sold for less than the face value, and attain face value when they are fully mature.
You do not say what these are, however, US Savings Bonds are sold for less than the face value, and attain face value when they are fully mature.
It prorated in it's decrease to face value
the face value plus the unamortized premium.
Are referred to as "Premium" bonds
Discount A+
premium
Discount A+
When bonds are sold for more than face value, the carrying value is equal to the face value plus any premium. The premium is the excess amount paid by the investors over the face value of the bond and is amortized over the life of the bond.
Bonds are typically sold in increments of $1,000, known as the par value or face value of the bond. Investors can purchase bonds in multiples of $1,000 to suit their investment needs.
Bonds for less than there face value.
They are sold at discount and mature to face value over time.