They wanted to eliminate the stigma it used to be embarrassing to borrow at the discount window because the discountrate would because it would be an admission that the bank is in trouble.
When bill discount, the bank presses fixed interest rate from bill expire deduct in the value come from loan day of note maturity should plan accrual, pay the person that oppose a bill more than.
票据贴现时,银行按一定的利率从票据的到期值中扣除自借款日至票据到期日的应计利息,将余款付给持票人。
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Article 20 Agricultural development organs at all levels should cooperate closely with the loan-providing bank, examine strictly the scope, term, and rate of discount interest.