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.
Treasury bonds pay a stated fixed rate of interest every six months and can be redeemed for their face value upon maturity. There is an active secondary market for government securities, allowing investors to buy and sell previously issued Treasury bonds.