Matures Strips 【2024】

: Each resulting strip becomes a zero-coupon bond , meaning it does not pay periodic interest but is instead sold at a deep discount to its face value.

: Because they are backed by the U.S. Treasury, they carry minimal default risk, though they are highly sensitive to interest rate changes before they mature. matures strips

: They can be used to build "bond ladders," where different strips mature at regular intervals to provide steady cash flow. : Each resulting strip becomes a zero-coupon bond