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The sensitivity of a bond to interest rate fluctuations is measured by its duration, which is akin to, but not exactly the same as, the number of years until maturity.
Both series mature at 30 years, with accrued interest compounded semiannually until maturity.
Those bonds will be held until maturity.
Another key question is the bond's "yield to maturity," the anticipated return if it is held until maturity.
Now, plenty of people buy bonds with the intention of holding them until maturity.
The exception is if someone were to hold the bond until maturity.
Thereafter they can be fed twice a day until maturity and once daily after that.
The young grow rapidly until maturity, after which growth continues slowly for several years.
They are both callable every month until maturity.
The remaining nine patients will be followed until maturity.
First, nominal bonds, which pay a periodic interest until maturity.
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