U.S. Treasury Note


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.
Related to U.S. Treasury Note: savings bond, Treasury bond, U.S. Treasury Bonds

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 ?
The amount of that interest, tied to U.S. Treasury notes, was $512,000, according to Mr.
The subject of the advisory opinion (corporation XYZ) owns money market mutual funds and various U.S. Treasury Notes and Bills, and is not a dealer in securities.
Fake U.S. Treasury notes and dollar bills with a total face value exceeding $125 trillion were seized over the weekend in the city of Cagayan de Oro in the southern Philippines, police said Wednesday.
In several cases last year, Philippine authorities confiscated counterfeit U.S. treasury notes and bonds with a combined face value of trillions of dollars.
Police have in the past seized trillions of dollars worth of fake U.S. treasury notes in Bukidnon and surrounding provinces in the southern Philippines.
As a debt negotiator for Lloyds Bank in Ecuador's 1995 debt restructuring, Hunter signed off on a 45% write-off on defaulted bank loans, which were then turned into Brady bonds backed by U.S. Treasury notes.
To illustrate the extent of the 1993 interest rate decline, 10-year U.S. Treasury notes began the year yielding 6.6% and ended it yielding 5.77%.
The rank-and-file employees' accounts are invested in a "safe" investment, such as U.S. Treasury notes or savings accounts, with a low rate of interest.
The issue was priced at 99.843 to yield 0.829 percent, 10.5 basis points more than the yield on two-year U.S. Treasury Notes. The issue will settle on Thursday, April 7, 2016.

Full browser ?