Above par is a term used to describe the price of a bond when it is trading above its face value. This occurs when interest rates have declined so that newly-issued bonds carry lower coupon rates.

]]>https://definedictionarymeaning.com/topic/118832/above-parRSS for NodeThu, 04 Jun 2026 06:03:04 GMTTue, 10 Sep 2019 18:45:03 GMT60relating to bonds, shares, etc. that are selling at more than their face value (= the value shown on them) :

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