www.financial-terms.co.uk


Home
Definitions



Compare
Debt


Bank discount basis

The financial definition for Bank discount basis:

A convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.




Similar Matches

Accretion (of a discount)

Accretion (of a discount)
In portfolio accounting, a straight-line accumulation of capital gains on a discount bond in anticipation of receipt of par at maturity.


Accrued discount

Accrued discount
Interest that accumulates on savings bonds from the date of purchase until the date of redemption or final maturity, whichever comes first. Series A, B, C, D, E, EE, F, I, and J are discount or accrual bonds, meaning principal and interest are paid when the bonds are redeemed. Series G, H, HH, and K are current-income bonds, and the semiannual interest paid to their holders is not included in accrued discount.


Accrued market discount

Accrued market discount
The rise in the market value of a discount bond as it approaches maturity (when it is redeemable at par) and not because of falling market interest rates.


Further Suggestions

Average discount rate
Deep discount bond
Discount Arbitrage
Discount bond
Discount broker
Discount factor
Discount Interest


Click to compare definitions of
Bank discount basis
Click to view definitions beginning ba
  www.financial-terms.co.uk is a finance, business, investment and stock market resource of common financial words by T4 Innovations.