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  • 26-01-2018
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Accretion of the discount on a municipal bond is an accounting process that increases the security's:

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harleyquinn450
harleyquinn450 harleyquinn450
  • 26-01-2018
hope this helps Accretion is a term used in accounting for bonds and accretion is required when a bond is purchased at a discount. Bonds are issued with a face amount (par value) of $1,000, or a multiple of $1,000. The investor receives $1,000 at maturity, and the interest rate on the bond is based on the $1,000 face amount.



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