平价债券的中文解释

以面值发售的债券。

Par Bond的英文解释

A bond issued at par or face value. Alternatively, to provide debt service reduction, old debt can be swapped at par for new 'par bonds' which may have lower interest rates or longer repayment periods

• reduction [ri´dʌkʃən]   n.减少；缩小；降低   (初中英语单词)