And if rates drop before the actual maturity rate, the new lender will usually adjust your interest rate lower as well. (loanbox.ca)
Maturity rates vary between short - term and long - term bonds; short - term bonds mature in less than a year, while long - term bonds mature over ten to fifteen years, or even longer. (investopedia.com)
This improves the outlook for the front end, floating rate instruments and Treasury inflation - protected securities (TIPS) and leads us to favor shorter - maturity rate exposure over the long end to start 2018. (blackrockblog.com)