Discount note: Difference between revisions
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* [[Discount rate]] | * [[Discount rate]] | ||
* [[Interest bearing instruments]] | * [[Interest bearing instruments]] | ||
* [[Sterling commercial paper]] | * [[Sterling commercial paper]] | ||
* [[US commercial paper]] | * [[US commercial paper]] | ||
* [[Yield]] | * [[Yield]] | ||
[[Category:Financial_products_and_markets]] | |||
Revision as of 15:03, 4 September 2019
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.
