Definition
The maturity date is when the bond issuer must repay the face value to the bondholder. After this date, no more interest payments are made. Bonds are classified by maturity: short-term (under 3 years), intermediate (3-10 years), and long-term (over 10 years).
Example
A 10-year Treasury bond issued on January 1, 2024 matures on January 1, 2034, when you receive your principal back.
FAQ
What is Maturity Date?
The date when a bond's principal is repaid and interest payments cease.
Why is Maturity Date important?
Maturity Date helps investors evaluate fixed income and make more informed decisions.