1. ## \$100 increments

Please clarify the following in red.

TIPS(Treasury Inflation Protected Securities) require a small minimum investment of \$100 and are sold in \$100 increments with 5-, 10-, and 30-year maturities.

Does this mean "when you buy 5-, 10-, 30-year maturities, you have to pay \$200, \$300, \$400 each?"

Thank you.

2. ## Re: \$100 increments

Investments are accepted for the amounts of \$100, \$200, \$300, \$400...
Investments are accepted for periods of 5, 10 and 30 years. (why the - after the number of years?)

not a teacher

3. ## Re: \$100 increments

Originally Posted by tedmc
Investments are accepted for the amounts of \$100, \$200, \$300, \$400...
Investments are accepted for periods of 5, 10 and 30 years. (why the - after the number of years?)

not a teacher
That is perfectly correct but not quite natural.

Investments are accepted only in multiples of \$100. For all investments, maturities of five, ten and thirty years are available.

4. ## Re: \$100 increments

Originally Posted by tedmc
Why the - after the number of years?
This is how we express in a shorter way '5-year, 10-year and 30-year maturities'.

You will also see 'I teach 5- and 6-year old children'.

5. ## Re: \$100 increments

Can we say 'maturity(period) of five years'?

Maturity is the due date of a investment deposit, not a time period according to the dictionary.

http://www.thefreedictionary.com/maturity

not a teacher

6. ## Re: \$100 increments

Yes, you can say "maturity of five years" and you can add "period" if you like.

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