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Essential

Maturity Date

The date a financial contract or bond expires and must be settled.

Quick answer

The maturity date is when a financial contract or bond expires and is settled.

Definition

The maturity date is when a financial contract, bond or loan comes due and is settled. For derivatives it marks the end of the contract and the final settlement of value. Traders must track it because a position behaves differently as it approaches maturity.

How It Works

  • It marks the end of the contract
  • Value is settled at maturity
  • Bonds and derivatives both carry it

Trading Tips

1

Know the maturity of any contract you hold

2

Expect pricing to change near maturity

3

Track it alongside the trade date

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