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Discounted instruments and the myth of upfront interest |
| Discounted instruments and the myth of upfront interest Posted: 23 Jun 2017 06:20 AM PDT You hear terms like upfront interest when investing in discounted instruments like treasury bills in emerging markets like Nigeria. This is not true technically. Your interest is not paid upfront. Only a portion of your money is invested while the balance is returned to you less charges. Discounted instruments are money market instruments that are The post Discounted instruments and the myth of...This is a summary. Please click on the title of the blog post (blue) to continue reading this post. You can follow me on twitter at www.twitter.com/usiere and comment on the blog. I'd love to hear from you. Thanks! |
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