money market pricing
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Last updated 12:44 PM on 9/25/26
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4 Terms
1
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many money market instruments are…
pure discount/zero-coupon
2
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in money markets, what does the term “interest rate” usually actually refer to
the rate of discount (d)
3
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what kind of interest is paid in a money market
simple interest
4
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in the US, how is the rate of discount annualised
using a 360 day convention