Digital technology and Discount instruments: Difference between pages

Revision as of 14:19, 23 October 2012

Securities that are issued and traded at a discount to their face value.

Depending on the market, their prices may be quoted conventionally in the market either on a discount basis or on a yield basis.

Discount instruments quoted on a discount basis include bills of exchange and US domestic commercial paper (USCP).

Discount instruments quoted on a yield basis include sterling commercial paper (SCP) when issued at a discount.

(However, SCP may also be issued on an interest bearing basis.)

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-The application of computer-based solutions to a wide range of tasks.
+Securities that are issued and traded at a discount to their face value.
-All related data being stored, processed and transmitted in binary (digital) form.
+Depending on the market, their prices may be quoted conventionally in the market either on a discount basis or on a yield basis.
+Discount instruments quoted on a discount basis include bills of exchange and US domestic commercial paper (USCP).
+Discount instruments quoted on a yield basis include sterling commercial paper (SCP) when issued at a discount.
+(However, SCP may also be issued on an interest bearing basis.)
 == See also ==
-* [[Binary system]]
+* [[Discount]]
-* [[Digital payment]]
+* [[Discount basis]]
-* [[Digital signature]]
+* [[Discount rate]]
-* [[Digital wallet]]
+* [[Interest bearing instruments]]
-* [[Fintech]]
+* [[Interest-bearing instruments]]
-* [[Information technology]]
+* [[Sterling commercial paper]]
+* [[US commercial paper]]
+* [[Yield]]
-[[Category:Technology]]