Face Amount

This is the same as the denomination. Bonds come in lots of different denominations and this makes them worth different amounts of money.

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Tight Market
Market in general or for a security that is characterized by a narrow spread between the bid and ask as well as a relatively narrow price range of trading....

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Trading in any financial market involves substantial risk of loss and is not suitable for all investors. Any style of trading in any market condition is extremely risky and can result in substantial financial losses in a very short period of time. There is considerable exposure to risk in any transaction including but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a trade.

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