Home > Term: bank discount basis
bank discount basis
A convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
0
Creator
- Jessehe
-
(V.I.P) 32013 points - 40.13% positive feedback
