Examples of Discount Notes in a sentence
Discount Notes may not bear any interest currently or may bear interest at a rate that is below market rates at the time of issuance.
Discount Notes shall not be exchangeable for definitive Discount Notes.
The transfer, exchange or pledge of Discount Notes shall be governed by the Book-Entry Rules.
Discount Notes shall be issued and must be maintained and transferred in minimum principal amounts and additional increments of $1,000 (in each case expressed in terms of the principal amount payable on the Maturity Date).
Discount Notes shall clear and settle only through the Fed Book-Entry System.