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I think that's the point of the "unless you discount them enough" clause in the parent post -- there is a substantial discount compared to par.
by lallysingh 4y ago
I think that's the point of the "unless you discount them enough" clause in the parent post -- there is a substantial discount compared to par.
- imwithstoopid 4y agoyou as the seller don't get to "discount" treasuries, its auto-computed (why would it not be? your treasuries are not special, no one has any reason to buy yours over another with approximately the same duration) its a currency market, liquid and fungible...there is no "enticement" of buyers
- lallysingh 4y agoYeah "discount" here means "sell less than par" not "choose to lower my price." I think we're all talking about the same thing from slightly different angles.