Matures — Strips

In financial markets, "matures" refers to the date a bond's principal is repaid, while stands for Separate Trading of Registered Interest and Principal of Securities . This process allows investors to treat the individual components of a Treasury bond as standalone investments. Core Concept of STRIPS

For official details on how these securities are managed, you can visit the TreasuryDirect STRIPS page . matures strips

: A standard bond is "stripped" into its principal repayment and its individual interest (coupon) payments. In financial markets, "matures" refers to the date

: Each resulting strip becomes a zero-coupon bond , meaning it does not pay periodic interest but is instead sold at a deep discount to its face value. : A standard bond is "stripped" into its

: Investors receive a single payment when the strip matures, making them ideal for meeting specific future funding needs, such as retirement or education.