Percentage rate
As a percent rate (also: percent listing or per cent -Satz ) refers to a stock market price , which is indicated in percentage of the nominal value. It is mainly used in bonds .
Example: At a percentage rate of 98%, a piece of security with a face value of € 100 costs € 98, a piece of security of € 50 costs € 49 at the same rate.
See also: Unit notation
Individual evidence
- ↑ Jürgen Tietze: Introduction to financial mathematics: classic methods, investment calculation, effective interest and return calculation . Springer-Verlag, 2013, ISBN 978-3-322-91519-1 , pp. 298 ( google.at [accessed on January 16, 2017]).