The fact that the Illuminati did not require a belief in a supreme being made them particularly popular amongst atheists. This, and the fact that most members were humanists, is the reason for the widespread belief that the Illuminati wants to overthrow organized religion. Internal panic over the succession of a new leader, and government attempts to outlaw the group saw to it collapsing entirely in the late 1700s.
par bond definition, meaning, what is par bond: a bond that is sold at the value that it had when it was first sold: . Learn more.
Par value is the face value of the bond, the amount that is paid at maturity. For Treasuries, par value is usually $10,000, and par value for other bonds can vary. But bonds trade in open markets with prices determined by supply and demand forces. Ultimately, the price investors are willing to pay for a bond, and whether the interest payments are reinvested, will determine its effective yield.