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Glossary > B > "Bond points" Definition

Bond points

A conventional unit of measure for bond prices set at $1 and equivalent to 1% of the $100 face value of the bond. A price of 80 means that the bond is selling at 80% of its face, or par value.

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Bond points - A conventional unit of measure for bond prices set at $1 and equivalent to 1% of the $100 face value of the bond. A price of 80 means that the bond is selling at 80% of its face, or par value.

Bond points : a conventional unit of measure for bond prices set at $1 and equivalent to 1% of the $100 face value of the bond. a price of 80 means that the bond is selling at 80% of its face, or par value.