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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

T-Notes

Definition:

Treasury securities with original maturities of between 2 and 10 years. Currently the Treasury issues T-Notes only with maturities of 2, 3, 5 and 7 years. Why not for 6 or 8 years? Who knows; the Treasury feels that's on a need-to-know basis but it seems that nobody is on that list.

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