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Intermediate Bond
(redirected from Intermediate-Term Bonds)

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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.


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Normally, the fund invests at least 80% of its net assets in bonds and 65% of its total assets in short- and intermediate-term bonds.
Remember the basic rule of thumb: if you are going to need the money in the short term (to pay upcoming college tuition, for example), consider investments such as short-term Treasuries, intermediate-term bonds and cash equivalents like CDs and money market accounts.
The Tedfords' fixed income performance tract record in intermediate-term bonds -- those maturing in one to 10 years -- was ranked third in the Piper Domestic Intermediate Duration Managed Fixed Income performance evaluation report over the past five years.
 
 
 
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