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 ?
With the US economy adding 200,000 jobs monthly, the unemployment rate down to 3.8 per cent, fiscal stimulus and potential wage inflation, there is every reason to believe the yield on the 10-year US Treasury note could rise to 3.5 per cent.
CME Group has launch ultra 10-year US Treasury Note futures and options, trading 60,968 contracts from more than 80 firms in the first four days of trading, the company said.
Debt trading maestro Bill Gross views a 2.60 per cent yield on the ten-year US Treasury note as marking the start of a new bond bear market.
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
ETN name: Boost US Treasuries 10Y 3x Short Daily ETP, Asset class: bond, ISIN: DE000A1ZLZC3, Management fee: 0.30%, Benchmark: BNP Paribas US Treasury Note 10y Future Index.
Government debt prices fell, with yields on the 10-year US Treasury note rising to 2.41 per cent, a level last seen almost two years ago.
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 interest rate on government-sponsored loans is now tied to the 10-year US Treasury note and the established caps are higher than fixed rates on prior loans.
The 5-year bond, with a coupon rate of 2.75 percent per annum payable semi-annually and a maturity date of 17 March 2023, was priced at 2.871 percent to yield 25 basis points over the 2.625 percent US Treasury notes due 28 February 2023.
The 3-year bond, with a coupon rate of 2.25% per annum payable semi-annually and a maturity date of 20 January 2021, was priced at 2.287% to yield 19.20 basis points over the 2% US Treasury notes due January 2021.
The bank has raised USD500m via green bonds and priced its five-year bonds at 160 bps above the corresponding US treasury notes.