"We are not buying many items with a maturity longer than 10 years, " he says.
Bonds with a maturity of more than ten years account for a third of the value of all outstanding bond issues.
Debt with a maturity range of one to 10 years has zoomed from 42% in 2001 to more than 53% last year.
Nearby, her 16-year-old granddaughter, Ahad, speaks with a maturity beyond her years.
Yet the portion of the national debt with a maturity of more than 20 years has dropped from 12% in 2000 to 5% currently.
That is not bad for a risk-free asset with a maturity of one to six years in theory, and often only a few months in practice.
The intention is that these would be longer-term loans with a maturity of about 10 years, that small businesses find hard to prise out of our risk-averse banks.
The ECB said it will coordinate with the Federal Reserve and other central banks to conduct three U.S. dollar liquidity-providing operations with a maturity of three months and will do so in October, November and December.
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The interest rates you must charge on intrafamily loans (to avoid all sorts of tax complications) are also near historic lows--just 3.3% on a loan with a maturity of more than three and up to nine years, for example.
That is the question being asked in the City about the chancellor's decision to explore whether he can and should issue gilts - or borrow - with a maturity date of 100 years or perhaps no maturity date at all.
The Hall-Sargent calculations show that almost all of this inflation tax was borne by those who held bonds with a maturity of five years or more. (That is because investors in short-term bonds could more quickly demand higher interest rates to compensate for inflation.) The trick is harder to repeat today.
The new purchases will be confined to debt with a residual maturity of up to three years.
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The 5.5% Ginnie Mae (Government National Mortgage Association) with a final maturity in 2036 is priced at 99.6 cents on the dollar to yield 5.6%.
Currently, however, TIPS with a 10-year maturity are offering a slightly negative real return.
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Thus, a Treasury fund with an average maturity of five years is slightly riskier than a five-year Treasury note.
At the close of trading on Aug. 5, U.S. Treasury bonds with a 10-year maturity were yielding 2.9%.
As described here, the new bonds have maturities ranging from 27 years to 40 years with a weighted-average maturity of 34.5.
Typically, loans are structured with a one-year maturity, with the expectation that the loan will be renewed at the end of the year.
This with a bond not of 30 year maturity, but infinite maturity!
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But with sweat, failure, a little maturity, they accepted the idea that what the world clamors for is practical things, things that make their life easier.
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He added universities often had to adjust for incoming students "lacking a sense of maturity" with first year lecturers forced "to act like teachers, helping pupils along".
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This leads me to the other advantage of bonds over bond funds: you can pick the maturity date and know with a high degree of certainty when you are going to get your money back.
They can remain on the balance sheet with a footnote explaining the intent to hold to maturity.
For example, JP Morgan (JPM) or Bank of America (BAC) took in Spanish bonds as collateral that MF Global had just purchased and made a loan that matured concurrently with the bond maturity date.
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In the eyes of the central bank, any meddling with maturity or anything less than the receipt of full-payment at maturity would potentially constitute a credit event putting the nation at default.
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The interest on municipal bonds is exempt from income tax on the federal and sometimes state levels, giving them a higher after-tax yield than a corporate or Treasury with the same coupon and maturity.
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You buy a series of quality fixed-income securities with staggered maturity dates.
Meanwhile, ECB Chief Trichet indicated that the central bank would cooperate with a plan to allow Greek creditors to rollover debt at maturity.
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Many believe Treasurys are for wimps, widows and orphans who hold them to maturity and are satisfied with low returns as a trade-off for safety.
People who successfully work with an ex rely on common sense and a heavy dose of maturity.
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