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Bank discount basis |
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Bank discount basisA convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.Bank discount basis Similar MatchesDiscountDiscountThe difference between the net asset value (NAV) per share of an investment trust and the share price, expressed as a percentage of the net asset value per share.e.g. if the NAV is £3.00, and the share price of the trust is £2.70, the trust is trading at a 10% discount to its NAV.When the share price is above the net asset value, it is said to be trading at a premium. 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. Discounted cash flow (DCF)Discounted cash flow (DCF)Future cash flows multiplied by discount factors to obtain present values. Discounted dividend model (DDM)Discounted dividend model (DDM)A formula to estimate the intrinsic value of a firm by figuring the present value of all expected future dividends. Discounted rate mortgageDiscounted rate mortgageA mortgage which guarantees the interest rate charged will remain a set number of percentage points below the lender's standard variable rate. The rate changes as base rate moves up and down, but the relationship between base rate and the rate you pay remains constant. Further SuggestionsDiscount bondUnderwriters discount discount yield Discount period Discount Interest Risk adjusted discount rate Discount factor Deep discount bond Documented discount notes Discounted payback Accrued discount Original issue discount debt (OID debt) Discount Volume discount Discounting Discount securities Unamortized bond discount Forward discount Average discount rate deep discount Discounted basis Discount Points dividend discount model Discount rate Discount Arbitrage |
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