U.S. Treasury Note

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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 $5 million in non-competitive. They are known informally as T notes. See also: Treasury Bill, Treasury Bond.
References in periodicals archive ?
Ministry of Finance Treasury Notes: 2-year GEL 33mn (US$ 14.1mn) T-Notes of Ministry of Finance were sold at the auction held at NBG on October 5, 2016.
Other maturities include 5- and 10-year Treasury notes, or T-notes.
The court held that the misrepresentations underlying the convictions were material as the appellants had offered billions of dollars in fake T-notes as collateral for the loan.
10-year T-notes traded at a yield of 2.609%, having plunged more thanten basis points on Friday after the jobs data.
M2 EQUITYBITES-October 27, 2010--Serbia sells RSD 400m of two-year T-notes, yields rise(C)2010 M2 COMMUNICATIONS http://www.m2.com
BANKING AND CREDIT NEWS-October 27, 2010--Serbia sells RSD 400m of two-year T-notes, yields rise(C)2010 M2 COMMUNICATIONS http://www.m2.com
Plans to buy T-notes as well as an expansion of their MBS and GSE purchasing puts money back into the market and takes more untradeable debt off the banks' books; but it does little to answer the momentum in behind the United States' deep recession.
In principle, subtracting TIIS from nominal T-notes of the same maturity should give economists a market-based measure of expected inflation, but these securities have not achieved that goal.
Figure 1 shows the standard deviation of the monthly per capita real growth of the monetary base, T-bills and T-notes, and all marketable T-secs, including bills, notes, bonds, and certificates of indebtedness since 1920.
The good news for real estate borrowers is that the higher bond prices has also meant lower yields on Treasury Bonds, and since many lenders now peg their interest rates to the average weekly yields on T-Notes, that also means lower interest rates.
Ministry of Finance Treasury Notes: 2-year GEL 40.0mn (US$ 16.1mn) T-Notes of Ministry of Finance were sold at the auction held at NBG on February 10, 2016.
Bids were placed for RON1.6bn worth of T-notes in Thursday's auction.