That technology, he claimed, could potentially help Ivanhoe achieve a market value on a par with Google.
That technology, he claimed, could potentially help Ivanhoe achieve a market value on a par with Google (nasdaq: GOOG - news - people ).
Lottery bonds are a type of government bond that has a chance to be randomly redeemed at a value that is higher than par value.
This material showed a positive trend (up 12.8 percent) to exceed 15 million timepieces, on a par with their value, which increased by 13.9 percent.
In time, a globally traded yuan could emerge as a store of value on par with the dollar, euro and yen.
Why he thought a discounted 3% bond was better value than a 5% bond sold at par is unclear.
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The willingness to take a chance on blemished credits pushed below-investment grade securities above par value for the first time since before the financial crisis, up from a nadir of 55 cents on the dollar in December of 2008, according to Bank of America Merrill Lynch.
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Following a prominent fund's "breaking of the buck"--that is, a decline in its net asset value below par--in September, investors began to withdraw funds in large amounts from money market mutual funds that invest in private instruments such as commercial paper and certificates of deposit.
Some go so far as to say that if a bond is insured and bondholders receive back the par value, no default has taken place, just an unscheduled call.
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Say the rate on the Spanish bond was 5% and Corzine was able to purchase at a 10% discount to par (100) or 90% of face value.
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Mr. Hesse has been trying for a year or more, using various tactics and strategies, to diminish the value of Clearwire so he could acquire it at a sub par price.
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Alexander Hamilton, our first secretary of the Treasury, and a very good one, redeemed all of the Revolutionary War debt at par value, and he said the 'full faith and credit' of the United States must be inviolate, among other reasons because it will be necessary in a crisis to be able to borrow.
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Thus if Tilton buys, holds or even originates loans at a discount of, say, 60 cents on the dollar, she is permitted to record them at par value, or 100, so long as they continue to pay interest.
Thus if Tilton buys, holds or even originates loans at a discount of, say, 80 cents on the dollar, she is permitted to record them at par value or 100, so long as they continue to pay interest.
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