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Thread: $100 increments

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    #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.

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    #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. probus's Avatar
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    #3

    Re: $100 increments

    Quote Originally Posted by tedmc View Post
    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.

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    #4

    Re: $100 increments

    Quote Originally Posted by tedmc View Post
    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'.

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    #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

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    #6

    Re: $100 increments

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

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