intermediate bond

(redirected from Intermediate Term Bonds)

Intermediate Bond

A debt security with a maturity in the medium-term. While there is no set definition of what constitutes the medium-term, it is generally accepted that intermediate bonds are those that mature somewhere between one and 15 years. One of the most common intermediate bonds, the U.S. Treasury Note, usually has a maturity of 10 years. Intermediate bonds have become increasingly popular for what were formerly called long-term investors. This is especially true among Treasury securities; Treasury Notes have increasingly replaced Treasury Bonds as benchmarks of the bond market.

intermediate bond

A debt security with a maturity of 7 to 15 years. Also called medium-term bond. See also long bond, short bond.
References in periodicals archive ?
During the past 22 years, SCM has built a performance track record in intermediate term bonds that is among the best in the nation, consistently outperforming the Lehman benchmarks and competitors over long periods.
Deerfield has $50 million of VRDBs outstanding, of which, $20 million are intermediate term bonds and due in 2014.
However, stable value has historically offered considerably higher returns and are comparable to high-quality, intermediate term bonds, but with lower volatility.

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