Common use of Discounted Notes Clause in Contracts

Discounted Notes. The market value of Notes issued at a substantial discount to their principal amount will tend to be more volatile than comparable securities issued at par. Generally, the longer the remaining term of discounted Notes, the greater the relative price volatility.

Appears in 5 contracts

Samples: www.ise.ie, www.ise.ie, ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com

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