What is face value?Face Value
The principal a bond repays at maturity, commonly $1,000.
Learn “face value” in an animated lesson
- Bonds & Fixed IncomeThe Price–Yield Seesaw
When market interest rates rise, older bonds fall in price. Use a seesaw to see the most important rule in bonds.
- Bonds & Fixed IncomeWhat Is a Bond?
Buying a bond = lending money to a government or company in exchange for regular interest and your principal back at maturity.
Related terms
See how “face value” works for yourself with an animation you can drag and play.
Go to “The Price–Yield Seesaw”