Treasury note

American  

Or treasury note

noun

1. a note or bill issued by the U.S. Department of the Treasury, receivable as legal tender for all debts except as otherwise expressly provided.

---

treasury note British  

noun

1. 1. a medium-term interest-bearing obligation issued by the US Treasury, maturing in from one to five years

   2. Also called: currency note.  a note issued by the British Treasury in 1914 to the value of £1 or ten shillings: amalgamated with banknotes in 1928

---

Etymology

Origin of Treasury note

First recorded in 1750–60

Example Sentences

The facility allows banks to convert Treasury notes and other ultrasafe securities into cash they can borrow from the Fed overnight.

From The Wall Street Journal

“Before this market-driven price-setting mechanism was in place, there was very little seasonal variation in Treasury note and bond returns,” according to a 2015 study in Critical Finance Review entitled “Seasonal Variation in Treasury Prices.”

From MarketWatch

Bond yields also dropped as traders bought Treasury notes.

From Barron's

Investors have to make some trade offs if they want stocks yielding 4%, which is competitive with Treasury notes.

From Barron's

The Treasury Department’s borrowing plans could lower the 10-year Treasury note yield by a third of a percentage point over the medium term.

From Barron's