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Discount Notes

  • Available in various amounts and with maturity dates less than one year from the date of issue
  • Offered for sale on a continuing basis to a selected group of investment dealers and dealer banks
  • Sold at a discount, in book-entry form only, in principal amounts of $100,000 and additional increments of $1,000
  • Offer flexibility to institutional and individual investors

View TVA’s Discount Notes Offering Circular (PDF file, 112 kb; requires Adobe Acrobat Reader).