Guido van Rossum added the comment:

Out of context here, but regarding round vs. truncate, IIUC for time
truncating down is the norm. My digital clock shows "12:00" for the
duration of the minute starting at noon. People look for clocks to
flip to know when it is exactly a given time (if the clock is accurate
enough).

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<http://bugs.python.org/issue19475>
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