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Rediscount

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Rediscount
To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.
Rediscount
To declare a discount for the second time. For example, an issuer may offer a bond at a discount from its par value to entice investors. If this does not work, the issuer may discount the bonds further in order to encourage people to buy the bond.
rediscount
To discount a negotiable instrument a second time.
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Shortly after the financial tsunami Taiwan's central bank adopted loose monetary policy and kept lowering thereafter its rediscount rate monthly to 1.
Perng Fai-nan Rated World's Top Central Banker for 5th straight year ... by The Taiwan Economic News
Before deregulation, the interest rate on lending to agriculture was at a concessional rate of I per cent point above the minimum rediscount rate and 2 to 3 per cent below the prime lending rate.
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Its central bank markedly lowered the rediscount rate prior to an election.
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