Treasury Note
A Treasury note is a debt obligation issued by the United States Department of the Treasury. It is a form of short-term debt that matures in two to ten years. Treasury notes are issued in denominations of $100, $1000, $5000, and $10,000. They are sold at auction and are backed by the full faith and credit of the United States government. Treasury notes are considered one of the safest investments available, as they are backed by the U.S. government and are highly liquid.
History of Treasury Notes
Treasury notes have been issued by the U.S. government since the late 18th century. The first Treasury notes were issued in 1790 to help finance the Revolutionary War. The notes were issued in denominations of $50, $100, and $500. In 1861, the U.S. government issued the first series of Treasury notes to help finance the Civil War. Since then, Treasury notes have been issued to finance various government programs and initiatives.
Comparison Table
| Treasury Note | Treasury Bond |
|---|---|
| Maturity: 2-10 years | Maturity: 10-30 years |
| Interest Rate: Fixed | Interest Rate: Fixed |
| Minimum Purchase: $100 | Minimum Purchase: $1000 |
Summary
Treasury notes are a form of short-term debt issued by the U.S. government. They are considered one of the safest investments available, as they are backed by the full faith and credit of the United States government. Treasury notes have been issued since the late 18th century and have been used to finance various government programs and initiatives. For more information about Treasury notes, visit the U.S. Treasury website or consult a financial advisor.
See Also
- Treasury Bond
- Treasury Bill
- Treasury Yield
- Treasury Strips
- Treasury Inflation-Protected Securities (TIPS)
- Treasury Futures
- Treasury Repurchase Agreements (Repos)
- Treasury Direct
- Treasury Auctions
- Treasury Securities
