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Home > QFINANCE Dictionary > Definition of bank discount basis

Definition of

bank discount basis

Banking

income from US Treasury bills expressed over 360 days the expression of yield that is used for US Treasury bills, based on a 360-day year

Definitions of ’bank discount basis’ and meaning of ’bank discount basis’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’bank discount basis’ and other financial terms with our online QFINANCE Financial Dictionary.

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