average discount rate

Definition

The weighted, or adjusted, mean of all bids that are accepted in Treasury bill auctions. Purchasers in this case will tender their competitive bids on a discount rate basis.

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You should try to shop around so that you can get the best possible average discount rate you can find.

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The average discount rate was used to determine how effective our position is relative to others in the t bill market.

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I had to determine the average discount rate and that would be a problem and could take a long time for me to calculate.

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