Business, 12.11.2019 04:31, mackenziepaige6525

These securities are short-term government securities with maturities ranging from a few days to 52 weeks. they are sold at a discount from their face value (or "par"). the difference between the original purchase price and what the treasury pays you at maturity is the interest, which is called a "discount yield."

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These securities are short-term government securities with maturities ranging from a few days to 52...

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