Definition:
Bank Discount Basis
Back to Finance Glossary | Previous Page
Bank discount basis is a convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.
Latest Articles Related to Bank Discount Basis
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.
