A score of par or better that includes a bunker shot.

This is complementary to the first three verses of par.

It was his fifth consecutive round of par or worse.

Both issues are offered at a price of par.

Isleworth came in third place with a score of 25-under par.

Two Wang bond issues also lost ground, trading at 50 and 57 percent of par.

"I figure 90 to 95 percent of par, at best," one American arbitrager said.

That could be a problem, since no one seemed to know the exact length of the course or par.

He has been buying the bonds, which have a 10-percent coupon, at less than 60 percent of par.

"It was sort of par for the course, although we turned the ball over a lot today."