Lo and behold, their bonds would go up because people had discovered that you might be entitled to buy at par.

你瞧，他们的债券价格会上升，因为人们已经发现你可能有权以票面价值购进。

youdao

This currency exchanges at par.

该货币按面值兑换。

youdao

It rarely makes sense to buy at that high a price for them to be satisfied with being paid off only at par (the full value of the bond).

以这么高的价格买进，让他们满足于只按票面价值(债券的全部价值)偿付，几乎没有什么意义。

youdao

You wouldn't buy this bond at par because at par, meaning at $100- because then you wouldn't get any interest on it.

你不是以平价买入,平价买入,意思是以100面值买,否则就没有利息收益了

耶鲁公开课 - 金融市场课程节选

Lots and lots of loans, the securities that people bought at par that were worth about somewhere between zero and $.15 or $.20 and now trade there.

市场上充斥着越来越多的贷款，人们按照面值购买的债券,真正的价值只有大概,0到0。15或者0。20美元0,而它们就这样进行交易。

耶鲁公开课 - 金融市场课程节选

But if they default, you can buy them at $90 and if they can't file their financial statements, you're entitled to par.

但是如果他们违约了，你可以在90美元买进0,但是如果他们没有发布他们的财务报表，你有权以票面价值购进。

耶鲁公开课 - 金融市场课程节选

The bonds are priced at 102, yielding 7.2% to the call (at par) in 2019.

FORBES: Magazine Article

The senior preferred shares will be callable at par after three years, under the Treasury program.

FORBES: The Ownership Society

Traditionally CDOs buy assets at par and use the cash flows to pay debt and equity investors.

FORBES: On The Cover/Top Stories