What are Treasury Notes?

Posted in Glossary by Johns Wu
March 29, 2008 01:31 AM - 0 Comments

Known as the “medium-term” government debt security. Treasury notes have a maturity period of one to ten years. Treasury notes are negotiable either through competitive bidding system where you can select the yield that you want or non-competitive bidding where you accept the yield given at the auction. T-notes are backed by the full faith of credit by the U.S. government. Treasury notes are very liquid once it is transferred in the derivative market.