What is Bond premium (markup)?

The excess amount a company receives when it sells a bond it has issued for more than its face value. The face value is recorded in account 6830 or 7830, and the excess in accounts 7220 and 6220 as deferred income, which is transferred to account 9530 in instalments until the bond is redeemed. Only the seller of the bond (the issuer) uses these accounts.