FACE VALUE

FACE VALUE

Face value is the nominal value of a security or par value of a security.

FIXED RATE BOND

FIXED RATE BOND

These bonds carry a fixed rate of interest on the principal amount which is payable as outlined in the terms of the issue of the bonds. 

FLOATING RATE BONDS

FLOATING RATE BONDS

The interest rates are not fixed in these types of bonds and are linked to the benchmark rate or any other index. Ex inflation indexed bonds, etc.