Learn how accrued market discounts affect discount bonds, their tax implications, and how they differ from coupon bonds. Gain insights into investment growth and taxation.
Three of the Federal Reserve’s regional banks — Minneapolis, St. Louis, and Cleveland — voted last month to raise the discount rate for banks by 50 basis-points to 5%, according to minutes of discount ...
Aug 23 (Reuters) - The boards of directors of the Minneapolis and St. Louis Federal Reserve banks voted in mid-July for a full-percentage-point increase in the rate charged to commercial banks for ...
Aug 27 (Reuters) - Members of the boards of directors overseeing the Chicago and New York Federal Reserve banks voted in favor of lowering by a quarter percentage point the central bank’s discount ...
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