The phrase "at a par value" is correct and usable in written English.
It is typically used in financial contexts to refer to the nominal or face value of a financial instrument, such as a bond or stock.
Example: "The company issued bonds at a par value of $1,000 each."
Alternatives: "at face value" or "at nominal value".
Pre-Noriega, Panama bonds were priced at low 40 (out of a par value of 100) and quickly rallied post-Noriega.
The issuer makes a binding promise to buy back the bonds at a future date at par value.
In a market with an upward-sloping yield curve, it's normal for a bond to trade at a premium to par value a few years before the maturity date.
The holder of a note of one series issued under this section with the same issue date as another series of notes issued under this section may convert, at par value, a note of the holder for a note of the other series.
In 1917 she was taxed under the federal law on the stock dividend so received at its par value of $100 a share, as income received during the year 1916.
The auction agent and the brokers, working together, may also step in to help investors buy and sell their stakes, which are not backed by a guarantee that a bank will be the buyer of last resort at par value if an auction fails to attract enough buyers.
One signal that a denouement is in the offing was the sale April 1, at par value, of a $44 million note on the building by Concord Holdings, an entity owned jointly by Lexington Properties and Winthrop Realty Trust.
interest at their par value, and if these could be got at a discount, the company would be correspondingly a gainer.
Our tally of the trades (more complete than ProPublica's) puts the total at 29 transactions with a total par value of over $37 billion.
Unnervingly for other banks, many of which carry their commercial-property loans at close to par value, Goldman marks its portfolio at a mere half that.A Federal Reserve financing programme was recently extended to commercial mortgage-backed securities but many are or will become ineligible under its present rules because of ratings downgrades.
