The treasury bond, that Emily's grandmother has bought, will reach its maturity date in 2050 because the maturity period of the treasury bond lies between 10-30 years.
Treasury bonds are the long term US government debt securities, which has the maturity period of usually ten to thirty years.
It is one of the safest investment, which pay a fixed rate of interest every six months up to the time of maturity of the securities.
Treasury bill, treasury notes etc. are some of the treasury securities.
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