discount basis

Discount Yield

A way to quote the price for bonds. It is calculated as the annualized yield assuming a 360 day year. One calculates the discount yield thusly:

Discount yield = (Discount from par value / par value) * (360 / Days until maturity)

The discount yield is also called the discount basis or the bank-discount basis.

discount basis

References in periodicals archive ?
Tenders are invited forarc from authorized advertising agencies/firms for publishing university~s advertisements/notifications in respect of this university in leading daily english and gujarati newspapers on commission or discount basis.
CPs are however, usually non-interest-bearing, but rather sold to institutional investors on a discount basis. Term of CPs is generally from one day to 365 days but usually very short term.
Place Tax will file both state and federal tax returns on a discount basis but will not offer such gimmicks as so called immediate tax refunds or tax refund loans.
Alongside the launch, Dunelm has also introduced a John Rocha gold membership scheme, which runs until August 31 and works on a volume discount basis. Customers who purchase 10 or more John Rocha frames will receive a 10% discount, and those who buy 30 or more will receive a 20% discount.
Treasury bills are issued without interest and on a discount basis (that is, they are issued at a price that is less than the amount for which they will be redeemed at maturity).
discount basis. Data are stop yields from uniform-price auctions.
These centers provide care on a sliding fee discount basis and may be able to supplement the care that you provide with mental health services, dental services, and screening programs.
These centers pro vide care on a sliding fee discount basis and may be able to supplement the care that you provide with mental health services, dental services, and screening programs.
The regulator also rejected Royal Mail's request that Business Post contribute to its overheads on a discount basis rather than Business Post' preferred and cheaper defined cost model.
At-A-Glance--FASB's Statement 114 requires that loan impairment be recognized on a discount basis. This change should help standardize measurement of loan losses.
Conversely, shares lacking control are said to be valued on a minority discount basis. The control premium that a buyer will pay is directly correlated to the perceived ability of the buyer to improve either factor of value.
Tenders are invited for Library books on percentage discount basis for different publishers