Encyclopedia

Discount


2.4. Discount - the difference between the redemption price and the issuance price of government securities. The discount is accounted for at the time of the redemption (maturity) operation of government securities

Source: Order of the Russian Ministry of Finance dated April 6, 1998 No. 57 (as amended on December 30, 2004) "On Approval of the Regulations on the Procedure for Conducting Settlements on Government Securities"

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