Re:NY Fed rescues overnight lending market with $53B
by navigatesol on Wednesday September 18, 2019 @01:32PM
(#21007769)
Yes and no.
The face value of the bond is what you will receive at maturity. When the bond trades in the intermediate term, its price is determined by prevailing and expected interest rates.
The face value of the bond is what you will receive at maturity. When the bond trades in the intermediate term, its price is determined by prevailing and expected interest rates.