At par sentence example
The demands for reimbursement at par represented a sum of only 187,588 and the market value of the stock was hardly affected; while the saving to the Treasury was to be 800,000 per annum for the first five years and about double the amount afterwards.
As "Mitchell's Bank" this institution was known for forty years as one of the strongest banking houses west of the Alleghanies, its notes passing at par during panics in which even the government issues were depreciated.
A further sum of £4,000,000 was borrowed in 1909 from the government of the Federated (British) Malay States at par and bearing interest at 4%, also for railway construction.
The milreis fluctuates widely in value, the balance of exchange being usually adverse to Portugal; for the purposes of this article the milreis has been taken at par.
In 1888, a year before the republic was proclaimed, the internal and external national debts amounted to £74,000,000 sterling, with the currency at par.Advertisement
All taxes and customs dues must be paid in gold, and, owing to the small quantities issued from the Rumanian mint, foreign gold is current, especially French 20-franc pieces (equal at par to 20 lei), Turkish gold lire (22.70), Old Russian Imperials (20.60) and English sovereigns of (25.22).
The stock will be repaid at par on 7 December 2007.
Finally the Imperial Ottoman government reserved to itself the right of paying off the whole unified debt at par at any moment, and all the dispositions of the decree of Muharrem not modified by the new " Annex-Decree " were formally confirmed and maintained.