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.
For a debt security, face value is the amount repaid to the investor when the bond matures (usually, corporate bonds have a face value of $1000, municipal bonds $5000, and federal bonds $10,000). In the secondary market, a bond's price fluctuates with interest rates.If interest rates are higher than the coupon rate on a bond, the bond will be sold below face value (at a  discount ). If interest rates have fallen, the price will be sold above face value. here also called par or par value.n the secondary market, a bond's price fluctuates with interest rates. If interest rates are higher than the coupon rate on a bond, the bond will be sold below face value (at a  discount ). If interest rates have fallen, the price will be sold above face value. here also called par or par value.