what is bond price?
Dear Student,
You must be aware of the fact that a bond is an instrument of debt in which the issuer is obliged to pay fixed interest as per the terms of issue and the principal amount at the time of maturity. Bond price is the market price of the security that is to be paid by the investor at the time of purchasing the security or bond. It is usually market dependent rate which is affected by numerous factors such as currency, interest rates, capital repayments, maturity period, etc.
Hope this answers your query. In case of any other doubt do get back to us.
You must be aware of the fact that a bond is an instrument of debt in which the issuer is obliged to pay fixed interest as per the terms of issue and the principal amount at the time of maturity. Bond price is the market price of the security that is to be paid by the investor at the time of purchasing the security or bond. It is usually market dependent rate which is affected by numerous factors such as currency, interest rates, capital repayments, maturity period, etc.
Hope this answers your query. In case of any other doubt do get back to us.