In the U.S. in 2015, it ranked 197 in baby name popularity for girls with 1,651 occurrences. Less than 5 boys were given the name. In contrast, the year before it ranked 159 in baby name popularity for girls with 2,053 occurrences. Less than 5 boys were given the name.
DEFINITION of 'Premium Bond'. 1) A bond that is trading above its par value. A bond will trade at a premium when it offers a coupon rate that is higher than prevailing interest rates. This is because investors want a higher yield, and will pay more for it.2) A specific type of bond issued in nations such as the United Kingdom and Canada. bond will trade at a premium when it offers a coupon rate that is higher than prevailing interest rates. This is because investors want a higher yield, and will pay more for it.
Market Price of Bonds Payable. [Key Concept] Price of bonds = Present value of principal + Present value of interest payments Interest to be paid each period is determined by coupon rate (stated interest rate) for that period. Present value calculation is based on market interest rate. [Exercise 1] On January 1, 2011, Company A issues long-terms bonds which are due on January 1, 2016. Interest is paid semiannually on January 1 and July 1 each year. Face amount of bonds is $500,000 with stated interest rate (coupon rate) of 10%.