Discount Securities Discounted issue of money market instruments of the non interest carrying kind. At maturity, these are redeemed for the whole face value. Treasury bills in U.S. are examples of discount security. … [Read more...]
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Discount Securities Discounted issue of money market instruments of the non interest carrying kind. At maturity, these are redeemed for the whole face value. Treasury bills in U.S. are examples of discount security. … [Read more...]