On the Mesh platform, Bond tokens (Notes) held in an investor's portfolio is valued at its face value.
The general pricing of a Bond on the open market involves discounting expected cash flows to the present and is influenced by factors such as supply and demand, term to maturity, creditworthiness, and expectations of future interest rates.
These factors influence the expected future cashflows and an investor's required return used to discount expected cashflows, which in turn will result in a unique price set by the investor. In other words, the bond's price on the secondary market may differ from its face value or the price it was initially bought for in the primary market.