Treasury Bonds (or T-Bonds)
- Long-term financial commitments issued by the US government, which pay interest twice a year until they reach their due date, when the initial investment and final interest are returned to the investor
- Sam purchased several Treasury Bonds as a secure long-term investment.
- The payout from the matured Treasury Bonds constituted a significant part of his retirement fund.
- The government issued T-Bonds as part of its efforts to raise public funds.