Bank Discount Rate Rate of interest charged for money-market instruments with short-term maturity like CPs and T bills. Based on the par value and the amount of the discount for the instrument. … [Read more...]
PFhub - Business, Financial & Economic News
PFhub is the the authoritative source of economic, business and financial news from around the world.
Bank Discount Rate Rate of interest charged for money-market instruments with short-term maturity like CPs and T bills. Based on the par value and the amount of the discount for the instrument. … [Read more...]