What is Maturity?
Maturity is the date on which a bond or other debt comes due and the issuer must repay the principal.
Why it matters
Longer maturities generally pay more interest but their prices swing more when rates change.
Maturity
Related terms
Bond
A bond is a loan you make to a government or company. In return, the issuer pays you…Coupon
A coupon is the fixed interest a bond pays its holder, usually stated as a percentage of…Principal
Principal is the original amount of money invested or borrowed, excluding interest or…Yield Curve
The yield curve plots the interest rates, or yields, of bonds of the same quality at…General education, not investment, tax or legal advice. Read our disclosures.