Face value
Face value is the contractual principal amount used for redemption and often coupon calculation, distinct from market price.
Plain-language meaning
Face value is the contractual principal amount used for redemption and often coupon calculation, distinct from market price.
Why it is useful
Face value is useful as descriptive evidence when it is compared on the same definition, source, period, unit and exact listing. It is one input to research, not a verdict.
Where it appears in XMarketRadar
Look for Face value in the Bond scanner, bond factsheets, comparison fields and yield/risk context.
How it is calculated or sourced
Face value is sourced or derived according to the definition shown above and the screen's disclosed provider, inputs, window and as-of time. Missing required inputs produce an unavailable result.
Inputs, period and unit
Read the disclosed inputs or source, observation period, bar interval, unit, native currency and scale. A value without its source and as-of context is incomplete; unlike units must not be combined.
Worked example
Illustrative only: a user reviews Face value over a stated 20-bar or FY2026 period, checks the displayed source, unit and as-of date, and keeps an absent field as — rather than guessing 0.
What high and low mean
A higher or lower Face value value is descriptive, not automatically good or bad. Meaning depends on the instrument, comparison period, method and related evidence.
Positive, negative and genuine zero
Positive and negative Face value values retain the definition shown here. A genuine reported or computed zero is displayed as 0 and is not the same as missing evidence.
Limitations and common mistakes
Face value may differ by provider definition, observation time, instrument and venue. Common mistakes are dropping units or dates, comparing unlike scopes, and treating a missing value as zero.
Market-specific differences
Day-count, coupon frequency, settlement, tax, price quotation and rating scales vary across all supported markets. Use the contract and venue conventions shown with the bond.
Suggested next steps
Open the related Fixed income terms below, then follow the matching Help Centre task guide and inspect Face value on an exact exchange listing. Confirm source, as-of time, units and unavailable reason before using it in research.
Educational information only; not investment advice or an order service.
This Face value tutorial is educational and descriptive. It is not investment advice, a price prediction, a recommendation, or an instruction to buy, sell, rebalance or place an order.
Also known as: par-value