Discount Note - An unsecured corporate debt that is issued at a discount and matures at par. It is similar to a zero coupon bond or T-bill. Discount notes give institutional and retail investors convenient choices with respect to the investment size and maturity date for a short-term investment.
Discount Note : an unsecured corporate debt that is issued at a discount and matures at par. it is similar to a zero coupon bond or t-bill. discount notes give institutional and retail investors convenient choices with respect to the investment size and maturity date for a short-term investment.
Discount Note