Issued at face value - school

Japanese: 額面発行 - がくめんはっこう
Issued at face value - school
When issuing new public bonds or stocks, the act of issuing them at face value, regardless of the market value of the parent stock.

Source: The Selected Edition of the Japanese Language Dictionary About the Selected Edition of the Japanese Language Dictionary Information

Japanese:
〘名〙 公社債や株券の新株を発行する際、親株の時価にかかわらず、額面通りの価格で発行すること。平価発行。⇔時価発行

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