You pay exactly what the bond is worth at maturity (usually $1,000).
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Your coupon interest rate exactly matches the yield you receive. You pay exactly what the bond is worth
🎯 Unlock Steady Returns: Why Buying Bonds at Par Makes Sense! this equals the coupon rate.
Buying bonds at par means purchasing them at their exact face value without paying a premium or receiving a discount. 📌 Quick Post Draft
When bought at par, this equals the coupon rate.