CERTYNEX IFRS ACADEMY

Pelisanne issued a bond. A third party holds an identical security as an asset, quoted at 98 per 100 of nominal. This price includes a feature specific to the asset held that does not apply to the corresponding liability and that raises the price by 3 (case data). Which price does Pelisanne use for its liability, per 100 of nominal?

101, the quoted price plus the effect of 3.

100, the nominal value, because the liability is repaid at par, without regard to the quoted price of the asset.

98, the quoted price with no adjustment.

95, the quoted price less the effect of 3 of the feature specific to the asset.