Treasury Notes

Glossary

Treasury Notes

Intermediate-term securities issued by the federal government to finance its operations. T‑Notes have maturity dates of 2, 3, 5, 7 or 10 years. They pay a fixed rate of interest semi-annually until maturity. T‑Notes are considered among the safest investment in the world because they are guaranteed by the “full faith and credit” of U.S. government, which has never defaulted on an interest payment or failed to return principal upon maturity. See Treasury Bills, Treasury Bonds

Your A‑to‑Z Glossary of Financial Terms