Denomination
The incremental par amount established for a bond issue at which the bonds may be purchased.
The lowest denomination of Bond that can be purchased as authorized by the Bond documents. Typically, Bonds have a Minimum Denomination of $5,000, but some Issuers may impose a higher Minimum Denomination, most commonly in the amount of $100,000.
Learn about over various terms and concepts that may arise while preparing a bond issue.
The incremental par amount established for a bond issue at which the bonds may be purchased.
The dollar amount of Interest due on a Bond, computed at that Bond’s Interest Rate, from the last Interest Payment Date to the date of calculation.