Treasury bonds

Treasury bonds definition - finance
Debt obligations issued by the U.S. Treasury that mature in 30-years. The schedule for issuing debt is announced quarterly. Typically, Treasury bonds are sold to institutions; however individuals also can buy them, through the Treasury Direct program. Because they are obligations of the U.S. government, Treasury bonds are considered to be risk free.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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