US Treasury note

US Treasury note

US government debt with a maturity of one to 10 years.

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 ?
BANKING AND CREDIT NEWS-October 23, 2015-CME to launch US Treasury note futures, options
CME Group said it plans to launch ultra 10-year US Treasury note futures and options in the first quarter of 2016 that allow for delivery of original-issue 10-year US Treasury notes with remaining terms to maturity at delivery of at least nine years, five months and not more than 10 years.
M2 EQUITYBITES-October 23, 2015-CME to launch US Treasury note futures, options
30%, Benchmark: BNP Paribas US Treasury Note 10y Future Index.
The Boost US Treasuries 10Y 3x Short Daily ETP provides a total return comprised of three times the inverse daily performance of the BNP Paribas US Treasury Note 10Y Future Index.
5 September 2014 -- Chicago-based CBOE Futures Exchange (NASDAQ: CBOE) said that it plans to launch futures trading on the CBOE/CBOT 10-year US Treasury Note Volatility Index (ticker symbol VXTYNSM) beginning on November 13 pending regulatory review.
The VXTYN Index, on which futures on VXTYN is based, is calculated by applying the CBOE Volatility Index (VIX Index) methodology to futures options data from CME Group's 10-year US Treasury note contract -- one of CME Group's most active interest rate options products.
According to Reuters, UK-based Barclays Plc (LSE: BARC) is expecting the return of seven-year US Treasury notes.
With the emergence of the EURO and the increasing need to measure European securities against US Treasury notes, Telerate's concentration of such information will be of significant help to all of our users.
2 million principal amount of five-year unsecured promissory notes that will bear interest at 90 basis points above the comparable rate for five year US Treasury notes.
The Notes were priced at 120 basis points over the current yield for US Treasury Notes due November 2026 and were sold at 99.
A minority portion of PairGain's excess cash was on account with these brokers with specific instructions that it be invested only in US Treasury notes of mixed maturities.