BusinessAugust 17, 2026

tenors

TEN-erz

Definition

The length of time remaining until a financial instrument, such as a bond, reaches its maturity date.

Etymology

Derived from the Latin 'tenere', meaning 'to hold'. The term evolved through Middle English to denote the duration or 'holding time' of an obligation.

In the news

In the article, bonds are offered in three different tenors—10, 15, and 20 years—referring to the varying timeframes until these debt instruments must be repaid.

DMO to Sell N1.1trn FGN Bonds Today

Read the full article ↗

Business Post Nigeria

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