In addition, Kai is a diminutive form (Frisian) of the name Gerhard (English, German, and Scandinavian) as well as a variant (Frisian) of the name Gerard (English, French, and Dutch). See also the related form, Gaudenz (German).ai is a Dutch, Finnish, Frisian, German, Scandinavian, and Welsh name of Latin origin. It is derived from the element 'gaudere' which means to rejoice.
The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window.
Details of the Discount Rate. The discount rate is typically higher than the fed funds rate, so it is used as a last resort by banks that need to borrow. For example, in early 2012 the primary discount rate was 0.75%, while the fed funds rate was targeted in a range of 0% to 0.25%.