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Average discount rate |
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Average discount rate Purchasers tender their competitive bids on a discount rate basis. The weighted, or adjusted mean of all bids accepted in Treasury bill auctions. |
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| 5 billion in three-month bills at an average discount rate of 6. The average discount rate (IRR) inched up 1 basis point to 11. The Treasury Department sold $8 billion in three-month bills at an average discount rate of 4. |
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