Par Value = The payment at maturity that is not part of a regular coupon payment
Indenture = It’s a Legal Stuff. Basically a written Agreement between the Entity & Bond holder.
Covenants = They are clauses of such an Indenture. Covenants specify the rights of bondholders and the duties of issuers, such as actions that the issuer is obligated to perform or is prohibited from performing
Discount Bond = A bond that promises a single payment at a future date.
Level Coupon Bond = A bond that pays equal coupon payments periodically prior to bond maturity. Bonds typically pay coupons semi-annually.