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current maturity

 - 2 dictionary results
Financial Dictionary

Current Maturity

The interval between the present date and the maturity date of a bond.

Investopedia Commentary

For example, in 2003, a bond that was issued in 2000 with a maturity date in 2010 would have a current maturity of 7 years (2010-2003).

See also: Bond, Maturity Date

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Financial Dictionary

current maturity

The length of time before a security matures. For example, a bond issued 15 years ago that had an original maturity of 20 years, has a current maturity of 5 years. The current maturity, rather than the original maturity, is important in valuing a bond.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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