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.
Bond At Par . Definition: Par value is the stated value of a bond when it's issued. When a bond trades at par, it trades at its face value, and you get what the coupon says. In reality, bonds almost never trade at par because interest rates go up and down all the time, meaning that investors are willing to pay more or less for a bond based on that.