Glossary · from the DESK dictionary
Disagio
The amount by which the issue price of a security or loan falls below its nominal value; the direct opposite of agio.
In plain words
Frequently used to compensate for a lower ongoing interest rate with a one-time price discount.
What it means for traders
A fundamental practical concept in bond and loan valuation.
Common pitfalls
With loans, can substantially raise the actual effective rate compared with the pure nominal rate.
Related terms
Agio (Share Premium)
From the DESK dictionary. For information only, not investment advice.
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DESK is a research tool and not investment advice. Page generated: 2026-10-12.