pull to par
C2CEFR level
93/100Rarity: very rare
TechnicalRegister
The tendency of a bond's price to converge on its face value as it nears maturity.
Even at a discount today, the short-dated notes will pull to par within eighteen months.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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