When a company issues bonds, if I buy directly from the company at the time it is being issued, can I hope to buy the bond at par? I am looking at canadian bonds and all of them are selling at premium over par. Because it has been a while since they have been issued and their price has gone up.
So, if buying from the company directly at time of issuance guarantees being able to buy at par, how can I know when a company is issuing new bonds? I am hoping to sign up for some kind of waiting list, similar to an IPO.