Question:

What is KSE bond Price term?

by Guest3520  |  12 years, 8 month(s) ago

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Please share the meaning of the terminology Bond price, and why it is used for, in KSE?

 Tags: bond, KSE, price, term

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  1. Guest8771
    Bond prices are quoted as a percentage of their face value, so that a
    bond quoted at 100 is trading at 100% of its face value, or at par. If the quote was
    102.25, then the cost is 102.25% of the face value, or Rs.1,022.50. This bond would
    be trading at a premium.

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