A Treasury Note is a marketable U.S. government debt security with a fixed interest rate and a maturity between one and 10 years. Treasury notes can be bought either directly from the U.S. government or through a bank. When buying Treasury notes from the government, you can either put in a competitive or noncompetitive bid. With a competitive bid, you specify the yield you want; however, this does not mean that your bid will be approved. With a noncompetitive bid, you accept whatever yield is determined at auction.
Contact Us:
If you are interested in learning more about treasury notes please contact an Alamo Capital Specialist by calling (877) 68-ALAMO – or – (877) 682-5266, fill out our brief contact form or email information@alamocapital.com.
Source: Wikipedia