It's the most simple-- or often called a bill-- a discount bond does not pay interest; it's sold at a discount.

它是最简单的,经常被称为国库券,它是一种贴现债券,且不付息,并以折扣价发行

耶鲁公开课 - 金融市场课程节选

Well, the discount rate is sort of the--you notice there are two different interest rates here and you might be confused by them.

贴现率是一种,这里有两种不同的利率,你们可能会将其混淆

耶鲁公开课 - 金融市场课程节选

We're talking about discount bonds, and then coupon-carrying bonds, and then talk about the term structure of interest rates and why we have interest rates.

我们先讲贴现债券,然后是附息债券,再讲讲利率的期限结构,以及为什么要有利率

耶鲁公开课 - 金融市场课程节选

Effectively, you get interest from this because it's sold at a discount, so the price that you pay is equal to one hundred minus the discount.

实际上,你仍然从中获得利息,因为债券是打折出售的,所以买入价,等于一百减去折扣

耶鲁公开课 - 金融市场课程节选

There's another interest rate that the Fed sets and that's called the discount rate.

美联储还设定了另一个利率,叫做贴现率。

耶鲁公开课 - 金融市场课程节选

The critical thing about a discount bond is it pays no interest.

要记住贴现债券不支付利息

耶鲁公开课 - 金融市场课程节选