Discount securities

Discount securities

Non-interest-bearing money market instruments that are issued at a discount and redeemed at maturity for full face value, e.g., US Treasury bills.
References in periodicals archive ?
NSSF also stands to lose about $22m that it invested in the stock market through Discount Securities, which was placed under statutory management, and is estimated to have lost $34m due to bad investment decisions and doubtful transactions, according to a November 2008 audit conducted by KACC and the Inspectorate of State Corporations.
The purchase price included the assumption of $537 million in debt issued by United Biscuits just before the acquisition and $530 million for redemption of Kraft's investment in the company--mainly deep discount securities.
This was soon followed by a deal for Sanwa Business Credit, a commercial finance company, and Quick & Reilly, a discount securities broker.
FBs are short-term discount securities issued by the MOF to raise funds for such purposes as intervention in the foreign exchange market.
The acquisition, announced July 10, 2006, was valued at $1,067 million, consisting of the assumption of $537 million of debt issued by the acquired business immediately prior to the acquisition, as well as $530 million of value for the redemption of Kraft's outstanding investment in UB, primarily deep discount securities.
The acquisition is being financed by the assumption of approximately $548 million of debt issued by the acquired business immediately prior to the acquisition, as well as $522 million of value for the redemption of Kraft's outstanding investment in UB, primarily deep discount securities.
The acquisition will be financed with $522 million from the redemption of Kraft's outstanding investment in UB, primarily deep discount securities, and $548 million of assumed debt.
optionsXpress has been named the top online securities brokerage by Barron's in its last three annual surveys (2003, 2004 and 2005) and the top discount securities brokerage by SmartMoney in 2004.
AMERITRADE Holdings Corp (NASDAQ:AMTD) provides discount securities brokerage and clearing execution services and related financial services, including electronic trading and market data and research services.
Subsequently Indianapolis recently acquired certain financial assets of Florida Discount Securities, Inc.
com) (Pink Sheets: DSCH), thru its wholly owned Subsidiary Indianapolis Securities announced today that it has acquired certain financial assets of Florida Discount Securities, Inc.
In 1975, he founded First Omaha Securities, one of the first companies to enter the discount securities marketplace.