Treasury Note (Noun)
Meaning
Securities with maturities of 1 to 10 years; sold for cash or in exchange for maturing issues or at auction.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The investor purchased a 5-year treasury note as a low-risk addition to her portfolio.
- The government issued a new 10-year treasury note to finance its budget deficit.
- The company used the proceeds from the sale of its treasury note to pay off short-term debt.
- The yield on the 2-year treasury note was higher than expected, attracting many investors.
- The central bank bought a large quantity of treasury notes at auction to inject liquidity into the market.