Treasury Notes and Bonds
Treasury notes are coupon bonds having a maturity ranging from 2 to 10 years. They are issued in denominations of $100 to $5 million and pay interest semiannually. Treasury notes are non-callable, guaranteeing the holder the stated yield to maturity.
Treasury bonds are coupon securities having maturities from 10 to 30 years. They are issued in denominations that range from $100 to $5 million and pay interest semiannually. Unlike Treasury notes, Treasury bonds may have a call feature. Prior to 1985 the Treasury issued bonds with a 5- or 10-year call feature, and while it has not done so since, it is not precluded from doing so in the future.
The 30-year bond is often called the “long bond” by traders, because it has the longest maturity of government bonds. It serves as a benchmark of long-term financing in the U.S. and an indicator of the direction of interest rates.
Basic Types of Treasury Securities
Type
Maturity
Purchase Size
Interest Paid
Quotes
Treasury bills
One year or less
$100 up to $5 million
None
VIDEO
Since you're reading about Series 65: Treasury Notes And Bonds , you might also be interested in:
Please Enable Javascript to view this content!
TESTIMONIALS
What are people saying?
Special thanks to Solomon for ensuring I pass the 65! Trust in the material and you will pass. I bought multiple resources and by far, Solomon was the best. Thanks again.
Paige Robino,
Fisher Investments,
Plano, TX
Thanks to you I passed the Series 65 exam on my first try. I appreciated your materials and online test bank.
Jeff
I took the exam three days after we spoke. I had to drive 75 miles to the test center. I finished the exam in a little under two hours and did not want to second guess myself in changing any of my answers. Upon completion of the exam, and subsequent grading I saw a 65 on the screen and I couldn't believe I did so poorly. However, the 65 I saw stood for the Series 65 not my grade and several lines below was my grade which was an 87. Thus I passed with a minimum amount of study looking over your online exam simulator. The questions were very similar to your review questions and I am sure that a candidate who reviews your questions and understands the application will have no problem passing the exam. Thanks for a great product.
Jeff Dampf
I used Solomon Exam Prep to take my Series 65 exam and passed it on the first try. The schedule generator is a great tool to stay on track and the practice exams and quizzes were my preferred method of studying and worked great as they provided questions that were very close and helpful in preparing for the real exam. Thank you!
Joseph Waitkevich, Coppertree LLC. Worcester, MA
I could not be
happier with Solomon Exam Prep and I am so glad I found it. I had
taken this test prior and wasn't able to pass. After utilizing
the Total Study Package for the Series 65, including the book, audiobook, summary videos and practice tests, I felt very confident clicking the
submit button at the end of the test. I would highly recommend Solomon
Exam Prep to pass your upcoming test.
Dane Urista, Vincent Asset Management, Eden Prairie, MN
I have to commend everyone at Solomon Exam Prep in getting me ready for and helping me pass my "Series 65" State Securities Law exam. I did not have a securities background nor did I work in the industry, and at 51 years old it was a challenge for me to go back to hitting the books. In addition to studying for the exam I was running my full time business and working 60+ hours a week. But with their help and support I passed on my first attempt.
Philip Schweik, Global View Capital Advisors, Wausau, WI
Read more reviews
Top