The bonds are priced at 102, yielding 7.2% to the call (at par) in 2019.
The senior preferred shares will be callable at par after three years, under the Treasury program.
Traditionally CDOs buy assets at par and use the cash flows to pay debt and equity investors.
Citigroup's five-year debentures underwritten at par earlier this year had dropped over 10 points, yielding almost 10%.
Utility tariffs will now be switched to pesos at par, and the link to American prices scrapped.
The IMF originated to ensure that exchange rates of major foreign currencies to the dollar stayed at par.
The Federal Reserve would step in with an offer to buy any and all Treasuries at par value.
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By contrast, Argentina, whose peso is fixed at par with the dollar, is languishing in a long recession.
The bond fell as much as 4%, or as low as 96, from its face value at par.
At present, we can have no guarantee that the sales of these bonds will occur at par value.
Unlike most municipal paper, these bonds were taxable and priced at par to yield 8% to maturity in 2006.
Why he thought a discounted 3% bond was better value than a 5% bond sold at par is unclear.
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Under the new plan, dollar loans will be turned into pesos at par.
In 2009 you could inventory at par bonds like Valero, Altria, Lubrizol and Rio Tinto, all carrying 9 percent coupons.
Our proprietary research shows that availability of phones roughly at par with iPhone 5 have made consumers more price sensitive.
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The company will let you put the bond back to it at par in 2004, which is good if rates rise.
Greek banks are frantically borrowing euros from the ECB, using Greek government bonds (valued at par, not at market) as collateral.
All three issues priced at par before trading 2-3 points higher in the aftermarket amid heavy follow-on demand, according to sources.
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Under the terms of their issues, it would also allow borrowers to redeem the bonds at par ie, at their nominal value.
With our new conservative capital structure those bonds will sell at par.
Portfolio loans are typically booked at par value rather than market value.
That markets would be brought to their knees by the failure of its derivatives counterparties (who were controversially paid off at par)?
To help beleaguered regional banks, which owned much of this stuff, these preferred shares should be called in at par in, say, 20 years or so.
To try to mollify angry depositors, there was a twist: while most loans were switched at par, deposits were converted at 1.4 pesos to the dollar.
All dollar loans (around 70% of the total) are now being turned into pesos at par a generous gift to those companies with loans who hold dollars abroad.
Coordinating such efforts will need to be supported at the highest level in government by science and technology advisors to presidents and prime ministers at par with economic advisors.
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Bear in mind that if you buy a five-year Treasury at par you are guaranteed to get your principal back in 2007, no matter what the price fluctuation might be in the meantime.
On the 10 year auction launched on August 12, Smith bought at par for a yield of 2.84% and made 7 points plus the coupon for a return of almost 10%.
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