Discount note: Difference between revisions

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A short-term note (with a maximum maturity of 360 days) issued at a discount to its par value.  It pays out no interest but investors receive par value upon maturity.
A short-term note (with a maximum maturity of 360 days) issued at a discount to its par value.  It pays out no interest but investors receive par value upon maturity.


== See also ==
== See also ==
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* [[US commercial paper]]
* [[US commercial paper]]
* [[Yield]]
* [[Yield]]

Revision as of 09:48, 22 June 2016

A short-term note (with a maximum maturity of 360 days) issued at a discount to its par value. It pays out no interest but investors receive par value upon maturity.


See also