In the past, such issues have generally had maturities of 5 to 10 years.

But traders said issues with maturities of 30 years are far easier to sell.

The price decline was recorded in issues with maturities of more than two years.

Bonds with maturities of 5 to 10 years are called intermediate.

"And any correction will occur on maturities of less than five years."

King is explaining that the Bank does not buy bonds with a maturity of less than three years.

The bond has a maturity of three years and an interest rate of eight percent.

They have a maturity of 5 years and are non-callable.

Instead they are favoring maturities of up to 10 years.

The investments have a maturity of 15 years, during which the interest rate will be paid annually.