The face value of a bond

The par value of a bond is also known as par value.

Is the amount printed on the bond.

That is, the money you can get back when the bond matures.

Suppose an one-year bond with a face value of $100

The annual interest rate is 1%.

Whether you bought it for $100

Still bought it for 98 dollars.

Or get it for $102.

Anyway, when it expires,

You take this bond.

You can get back the face value of the $100 bond and the interest of $1.

So, for the face value of the bond,

The point you need to focus on is

How much money will you get back when it is due?