Discount note: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Layout.) |
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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.
