A “par interest rate” is the contracted interest rate at which a security is issued. The term “par” is most commonly used in relation to bonds but it can also refer to other types of securities such as stocks. When a bond is issued at par the interest rate is equal to the coupon rate. The coupon rate is the annual interest payment that the bond issuer agrees to pay the bondholder.
What is the definition of a “par interest rate”?
A par interest rate is the contracted rate of interest that is paid on a loan or earned on an investment.
What is the typical par interest rate for a savings account?
The typical par interest rate for a savings account is 0.
5%.
What is the typical par interest rate for a checking account?
The typical par interest rate for a checking account is 0.
1%.
What is the typical par interest rate for a money market account?
The typical par interest rate for a money market account is 1%.
What is the typical par interest rate for a CD?
The typical par interest rate for a CD is 2%.
What is the typical par interest rate for a bond?
The typical par interest rate for a bond is 3%.
What is the typical par interest rate for a stock?
The typical par interest rate for a stock is 4%.
What is the typical par interest rate for a mutual fund?
The typical par interest rate for a mutual fund is 5%.
What is the typical par interest rate for a index fund?
The typical par interest rate for a index fund is 6%.
What is the typical par interest rate for a ETF?
The typical par interest rate for a ETF is 7%.
What is the typical par interest rate for a annuity?
The typical par interest rate for a annuity is 8%.
What is the typical par interest rate for a investment property?
The typical par interest rate for a investment property is 9%.
What is the typical par interest rate for a home loan?
The typical par interest rate for a home loan is 10%.
What is the typical par interest rate for a auto loan?
The typical par interest rate for a auto loan is 11%.
What is the typical par interest rate for a personal loan?
The typical par interest rate for a personal loan is 12%.
