Series 9/10

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Definition of 'Series 9/10'

The Series 9/10 is a type of bond issued by the U.S. Treasury. It is a zero-coupon bond, which means that it does not pay interest during its term. Instead, the bondholder receives the full face value of the bond at maturity.

The Series 9/10 was first issued in 1997. It is a 30-year bond with a fixed interest rate. The interest rate is set at the time of issuance and remains the same for the life of the bond.

The Series 9/10 is a popular investment for investors who are looking for a safe and secure investment. The bond is backed by the full faith and credit of the U.S. government, which means that it is considered to be a very low-risk investment.

The Series 9/10 is also a liquid investment, which means that it can be easily sold on the secondary market. This makes it a good option for investors who need to access their money in the future.

The Series 9/10 is a good option for investors who are looking for a safe, secure, and liquid investment. It is a popular choice for investors who are saving for retirement or for other long-term goals.

Here are some additional details about the Series 9/10:

* The Series 9/10 is issued in denominations of $100, $500, $1,000, $5,000, and $10,000.
* The bonds are available to individual investors and institutions.
* The Series 9/10 can be purchased through a broker or directly from the U.S. Treasury.
* The bonds are sold at a discount to their face value. The discount is the difference between the purchase price and the face value of the bond.
* The Series 9/10 pays interest at maturity. The interest rate is set at the time of issuance and remains the same for the life of the bond.
* The Series 9/10 is a 30-year bond. The bonds are issued in January and May of each year.
* The Series 9/10 is a popular investment for investors who are looking for a safe and secure investment. The bond is backed by the full faith and credit of the U.S. government, which means that it is considered to be a very low-risk investment.
* The Series 9/10 is also a liquid investment, which means that it can be easily sold on the secondary market. This makes it a good option for investors who need to access their money in the future.

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