face value of bond

基本解释

If losing half the face value of a bond does not amount to a default, what does?
如果免去票面金额一半的债务依然资不抵债，那该怎么办呢？
If you hold a bond to maturity, price fluctuations don't matter. You will get back the original face value of the bond, along with all the interest you expect.
如果你持有债券一直到到期日，那价格的波动问题不大，你将获得债券面值和预期的所有利息。
Neil George, editor of Personal Finance newsletter, calls TRUPs "bonds for the masses because they trade at a face value of $25 instead of a bond's $1, 000 price tag."
Personal Finance newsletter的编辑Neil George吧TRUPs称作“适合大量交易的债券，因为他们以面值25美金交易，而不是一股债券的1000美元。”

The whole situation boils down to this: because a nonperforming bond is worth less than 100% of its face value, the Brady bond replaces the defunct debt as a new asset.
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The US government then attempted to pay this last bond at a fraction of the face value and not in gold but paper.
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In the end, negotiations settled on a bond exchange that will cut the face value of Greece's debt to private creditors by half.
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