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original maturity

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Original maturity
Maturity at issue. For example, a five-year note has an original maturity of five years; one year later it has a maturity of four years.
original maturity
The period between a security's maturity date and issue date. A bond issued 15 years ago that has an additional 10 years to maturity had an original maturity of 25 years. See also current maturity.
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