Federal obligations usually issued for maturities in excess of ten years are called:

Name: Federal obligations usually issued for maturities in excess of ten years are called:
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Treasury bonds are usually issued for maturities in excess of ten years. Treasury notes, on the other hand, have maturities of one to ten years, and Treasury bills have maturities of less than one year. Agency issues refer to debt securities issued by government-sponsored entities, such as Fannie Mae or Freddie Mac.

Federal Obligations Usually Issued for Maturities in Excess of Ten