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What's the difference between bills, notes and bonds? | Investopediat maturity. The $3 difference represents the interest return on the security.
Treasury Notes and Bonds
Treasury notes and bonds, on the other hand, are securities that have stated interest rates that are paid semi-annually until maturity. <span>What makes notes and bonds different are the terms to maturity. Notes are issued in one-, three-, five-, seven- and 10-year terms. Conversely, bonds are long-term investments with terms of more than 10 years.
To learn more about T-bills and other Summary
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