Regardless of an assisted living community's fee structure, when choosing a senior living residence, it is important to consider the quality of care, how the resident adapts to the new environment and the long-term affordability of the community.
When a bond is issued at a premium, that means that the bond is sold for an amount greater than the bond's face value. This generally means that the bond's contract rate is greater than the market rate.
Robin Russo, CFPÂ®. Financial Planner. When a bond is first issued, it is a standard bond â never a premium bond or a discount bond. In other words, the price you pay for a new bond (its original price) is always fixed, and is called the par value.A bond becomes âpremiumâ or âdiscountâ once it begins trading on the market.New bonds are sold on the âprimary marketâ and existing bonds are sold on the âsecondary market.â.n other words, the price you pay for a new bond (its original price) is always fixed, and is called the par value. A bond becomes âpremiumâ or âdiscountâ once it begins trading on the market. New bonds are sold on the âprimary marketâ and existing bonds are sold on the âsecondary market.â.