treasury bond (T-bond)

Related Terms
Long-term (maturity over 10 years) fixed interest rate debt security issued by a national (federal) government backed by its 'full faith and credit.' Next to treasury bills (maturity less than one year), and treasury notes (maturity one to ten years) T-bonds are the safest form of marketable investment. They have an active secondary market, and usually pay semi-annual interest. See also treasuries.

Use 'treasury bond (T-bond)' in a Sentence

You may want to consider investing in a treasury bond if you want a good low risk way to earn some interest.
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The treasury bond was not a good thing because the interest rat was over ten years and that was a very long time.
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I am anxious to cash out my treasury bond for $5,000 when it matures so that I can put a down payment on a new house.
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