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What does the bonds maturity mean?

April 26, 2017Bond maturity mean

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What does the bonds maturity mean?

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Bonds are often categorized by maturity, meaning the length of time until they are paid off. Bonds with a maturity of less than a year are considered short-term. Maturities of one to ten years are intermediate-term bonds. Long-term bonds are those with maturities of more than 10 years.