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.
Bonds are debt instruments where you, the bondholder, lend money to a company or the government in exchange for interest payments. Usually you buy a bond at face value, collect interest along the way and then get back the face value when the bond matures. Discount and premium bonds are variations on that theme.iscount and premium bonds are two types, and they are quite distinct from the average corporate or government bond.