Why is the sight draft subject to a deduction for discount interest?
为什么即期汇票还扣除贴现利息？
The interest rate is the discount rate, currently 0.25% above the Fed funds rate.
利息率和再贴现率一样，目前是比联邦基金率高0.25%。
The critical thing about a discount bond is it pays no interest.
要记住贴现债券不支付利息
Discount rate is the interest rate on the loans that the Fed to Banks.
贴现率：美联储向银行发放贷款的利率。
Discount rate is the interest rate on the loans that the Fed to Banks.
贴现率：美联储向银行发放贷款的利率。
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