A bond that trades in the market at its par value (face value). In other words, parity implies that the...

The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...

The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...

A vanilla swap which has a zero net present value (NPV). That is, it involves no initial exchange of notional principal. More specifically, the present...