Discount
Also written below par, to par, vs par.
Definition
A market price below par value, often quoted as a percentage: "trades at a 3.2% discount to par." Tables show price against par, where a discount is a negative figure.
On a live record
T-C (AT&T Inc) trades at $15.60, a 37.6% discount to par. A call at par would pay more than today's price. Open the T-C record.
Written from the public record at the last refresh. Prices are 15 minutes delayed.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.