Discounted Basis Making up the interest payable on an instrument by selling at a discounted price. This price is lower than the value of this instrument on its maturity date, the difference representing the discount. … [Read more...]
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Discounted Basis Making up the interest payable on an instrument by selling at a discounted price. This price is lower than the value of this instrument on its maturity date, the difference representing the discount. … [Read more...]