Example sentences of "sold at a discount " in BNC.
Next page| No | Sentence |
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| 1 | As most of the privatisation issues are sold at a discount , there is usually a substantial capital gain to be made . |
| 2 | All these securities are sold at a discount to their par value . |
| 3 | Securities that are sold at a discount , pay no interest explicitly , and mature at par are known as pure discount securities . |
| 4 | As a result of intense competition , bonds are often sold at a discount to attract investors ( the " reallowance " ) or else banks would sell their bonds in the grey market ( a market for bonds on which the issue price or syndicate allocations has not yet been determined , where quotes are set in relation to the unknown final price ) , which may oblige the lead manager to buy the bonds back in order to support the price . |
| 5 | They are sold at a discount , the rise in price bringing a return to the holder as no coupon is paid . |
| 6 | The difference between the purchase price and its value at maturity ( nominal value ) will be its yield or return ; the bill will therefore be sold at a discount to its nominal value . |