What is maturity

The maturity on an interest rate swap is the settlement date of the final set of cash flows. The maturity date also known as the value date of a spot foreign exchange transaction is two business days, with the exception of U. The maturity date on a foreign exchange forward or swap is the date on which the final exchange of currencies takes place.

It can be anything longer than the spot. The maturity of an investment is a primary consideration for investors since it has to match their investment horizon. An investment horizon can potentially range from as short as a few days to decades, depending on how long the investor intends to hold the investment in order to achieve their objectives. For example, homebuyers who are saving money for the down payment on a home that they intend to purchase within a year would be ill-advised to invest in a five-year term deposit.

A better alternative in this scenario would be to consider a money market fund or a one-year term deposit. Federal Reserve Bank of New York. Fixed Income Essentials. Corporate Bonds. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.

These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Bonds Fixed Income Essentials. What Is Maturity? Key Takeaways Maturity is the agreed-upon date on which the investment ends, often triggering the repayment of a loan or bond, the payment of a commodity or cash payment, or some other payment or settlement term.

It's a term that is most commonly used in relation to bonds but is also used for deposits, currencies, interest rate and commodity swaps, options, loans, and other transactions. The maturity date for loans and other debt can change repeatedly throughout the lifetime of a loan, should a borrower renew the loan, default, incur higher interest fees, or pay off the total debt early. Nonpayment of a bond at maturity could result in the issuer defaulting on the obligation, which would then negatively impact the issuer's credit rating and ability to raise funds through future bond offerings.

We are created to seek life, liberty, and the opportunity to develop into who we are created to become. This admission and surrender experience a continuous process opens the door to the internal maturation path. In the epistle of Galatians, Paul assumes that surrender has occurred and keeps occurring. He speaks of the benefits of being on the path of living fully, so we can experience who we are created to be, and do what we are created to do. He then goes on to speak to the internal growth process and what we receive by giving ourselves over to a life led by the Spirit of God.

The fruit that we can develop through relationship with God in us is beyond rules, beyond being restrained, and thus cannot be stopped. The fruit, which develops from the inside out, is generative, keeps on giving, regardless of age. Our daily surrender, rather than marking us as weak or childish, sets us on the path of internal maturation and generative offerings.

God takes action for us; He opens us to vulnerability and courage in a world that would demand we close ourselves off to growth for survival or self-protection. Love maintains interest and empathy towards others. Joy comes from having received in grace what one cannot earn, a gift of gratitude. Patience becomes the strength to carry the burden of hope. The earliest maturities do not take place until next year. Secondly, why could it not insist on the calendar of maturities?

Other authorities will have no maturities and will haw internal resources which they can apply temporarily to financing their capital works. Terms have become easier, maturities and grace periods are generally longer and re-scheduling fees have declined. See all examples of maturity. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Collocations with maturity. Click on a collocation to see more examples of it. See all collocations with maturity. Translations of maturity in Chinese Traditional.

See more. Need a translator? Translator tool. What is the pronunciation of maturity? Browse mature student. Test your vocabulary with our fun image quizzes. Image credits. Word of the Day goodwill. Blog Outsets and onsets! Read More. November 08, To top.