Névértékéig

Névértékéig is a Hungarian term that translates to "until nominal value" or "up to par." It is most commonly used in the context of financial transactions, particularly with regard to bonds and other debt instruments. When a bond is issued at its nominal value, it means it is sold at its face value. However, market conditions can cause the price of a bond to fluctuate.

If a bond is trading below its nominal value, it is said to be trading at a discount. Conversely, if it is trading above its nominal value, it is trading at a premium. The term "névértékéig" implies that a transaction will occur at the bond's face value, regardless of its current market price. This could happen in specific scenarios, such as when a bond is being redeemed by the issuer at maturity. In such cases, the issuer is obligated to pay back the bondholder the full nominal value of the bond, irrespective of how much the bond was trading for in the secondary market.

Alternatively, "névértékéig" might refer to a situation where an investor is willing to buy or sell a debt instrument exactly at its face value, perhaps to avoid the complexities of premium or discount calculations or to achieve a specific financial outcome. This practice is less common in active trading but can be relevant in private placements or specific portfolio rebalancing activities. The concept signifies a return to or adherence to the original principal amount of the debt.