Agency Identifier (AID) 3 Agency Identifier of account owner. Used in conjunction with the main account code, the AID represents the department or agency responsible for the TAS. Value required, never blank.
With regard to mortgage lending, the âpar rateâ is the interest rate a borrower will qualify for with a given bank or mortgage lender assuming there is no interest rate manipulation.
Thus, par value is the nominal value of a security which is determined by the issuing company to be its minimum price. This was far more important in unregulated equity markets than in the regulated markets that exist today, where a stock issuance prices must usually be published.