Important Bond Terms n a bond is a long-term debt instrument issued by a corporation or government n The maturity value(MV)Tor face value] of a bond is the stated value. In the case of a u.s. bond the face value is usually $1,000 4-74-7 Important Bond Terms The maturity value (MV) [or face value] of a bond is the stated value. In the case of a U.S. bond, the face value is usually $1,000. A bond is a long-term debt instrument issued by a corporation or government