Bonds are issued with either a face value or a maturity date, but not both.

Name: Bonds are issued with either a face value or a maturity date, but not both.
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Bonds are typically issued with both a face value (also known as par value or principal) and a maturity date. The face value is the amount that the bondholder will receive back when the bond matures, while the maturity date is the date when the bond issuer must repay the face value to the bondholder.

Bonds Are Issued with Either a Face Value or a Maturity