Treasury note

(redirected from T-Note)
Also found in: Dictionary, Thesaurus, Legal.
Related to T-Note: T-bill, T-Bond

U.S. Treasury Note

A debt security backed by the full faith and credit of the United States government with a maturity between one and 10 years. They may be purchased directly from the government or from a bank; they have coupon payments payable every six months. Treasury notes may be bought competitively or non-competitively. In a non-competitive transaction, one takes the interest rate he/she is given on a Treasury note. In competitive investing, one bids on a desired yield; however, this does not mean it will be accepted. Treasury notes are low-risk, low-return investments. The minimum purchase is $1,000 and the maximum is $1 million in competitive bidding, or $5 million in non-competitive. They are known informally as T notes. See also: Treasury Bill, Treasury Bond.

Treasury note

Intermediate-term (1-10 years), interest-bearing debt of the U.S. Treasury that may be purchased through a bank or brokerage firm or directly from the Federal Reserve. An active secondary market makes it easy to resell a Treasury note.

Treasury note.

Like US Treasury bills, Treasury notes are debt securities issued by the US government and backed by its full faith and credit.

They are available at issue through Treasury Direct in denominations of $1,000 and are traded in the secondary market after issue.

Notes are intermediate-term securities, with a maturity dates of two, three, five or ten years. The interest you earn on Treasury notes is exempt from state and local, but not federal, taxes.

And while the rate at which the interest is paid is generally less than on long-term corporate bonds, the shorter term means less inflation risk.

References in periodicals archive ?
One thing is certain, the coupon on a 10 year t-note will not increase over the next 10 years.
One thing is certain: the coupon on a 10 year t-note will not increase over the next 10 years.
I would point out that the increase in long-term rates was driven by an increase in real interest rates -- not by an increase in inflation expectations -- as there was not a big jump in the difference between the regular 10-year T-note and the 10-year TIPS (inflation indexed treasuries) yields.
The next important negative news for the stock market will be the 10-year T-Note yields trading at or above 4.
87%, which is attractive relative to 10-year T-note yield of 3.
93% in the underlying T-note yield, but capped at 3.
09%, very attractive relative to 10 year T-note yield of 3.
The earlier rise in yields proved costly for stocks, though the T-note has since pulled back from 2.
equities have cooled off ahead of the FOMC decision given risk of a slightly more hawkish overtone in the statement, while the run-up in the T-note yield to within a whisker of 2.
77% and is very attractive relative to 10 year T-note yield of 2.