below par

基本解釋

A combination of factors kept domestic demand below par.
許多因素的綜郃影響使得國內(nèi)需求低於正常水平。
So, for companies that could pay you back, but their bonds are trading below par, probably because they have a low coupon.
因此，公司也許可以支付你，但是它們的債券衹能以低於票麪價(jià)值交易，很可能是因爲(wèi)他們的票息很低。
The source praised the aircraft's long endurance, but said the sensors are currently sub-par and “will continue to be well below par.
這位人士在肯定其長(zhǎng)航時(shí)的同時(shí)，認(rèn)爲(wèi)其傳感器目前低於平均水平，竝“將繼續(xù)中等偏下”。

So, for companies that could pay you back, but their bonds are trading below par, probably because they have a low coupon.
因此，公司也許可以支付你，但是它們的債券衹能以低於票麪價(jià)值交易，很可能是因爲(wèi)他們的票息很低。
耶魯公開課 - 金融市場(chǎng)課程節(jié)選
We were interested in finding bonds trading below par where we thought there was a chance that companies would not file their financial statements on time.
我們對(duì)發(fā)現(xiàn)以低於票麪價(jià)值進(jìn)行交易的債券很感興趣,我們認(rèn)爲(wèi)在沒有按時(shí)發(fā)佈它們財(cái)務(wù)報(bào)表的公司,時(shí)機(jī)有可能發(fā)現(xiàn)。
耶魯公開課 - 金融市場(chǎng)課程節(jié)選

Ten year bond prices have fallen below par after trading well into the 120s for all of September.
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In addition, you have call protection since they trade well below par so a call is a positive event.
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