Treasury Bond (T-Bond)

A Treasury Bond (T-Bond) is a long-term, fixed-interest debt security issued and fully backed by the U.S. federal government, distinguished by its maturity period of 20 or 30 years and its payment of semi-annual interest until maturity. T-Bonds are considered the benchmark for long-term, risk-free investment in the global financial system due to the full faith and credit guarantee of the United States government.