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Accrued discount |
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Accrued discountInterest 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 discount Similar MatchesDiscount factorDiscount factorPresent value of $1 received at a stated future date. Deep discount bondDeep discount bondA bond issued with a very low coupon or no coupon that sell at a price far below par value. A bond that has no coupon is called a zero-coupon bond. RediscountRediscountTo discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank. Stepped discount mortgageStepped discount mortgageWhere the discount is, for example, fixed at one level for one year and then a slightly lesser level for two further years. Remember it is the percentage discount that is stepped and not the monetary amount, so your repayment can still vary. Discounted basisDiscounted basisTo sell below maturity value, so that the difference makes up all or part of the interest. Further SuggestionsAverage discount ratediscount yield Forward discount Discount discount Discount rate Accrued market discount Discount securities Discount Interest Unamortized bond discount discount rate Forward discount Original issue discount debt (OID debt) Straight Discount Underwriters discount Discount bond Discounted cash flow (DCF) Discount Arbitrage Discount window Bank discount basis Discount period discounted rate mortgage Accretion (of a discount) Risk adjusted discount rate Discount yield |
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