Fixed income
Maturity
Maturity is the date on which a fixed-income instrument expires and pays out. In yield tokenization, maturity is when a Principal Token can be redeemed 1:1 for the underlying asset and a Yield Token stops accruing and expires worthless.
Also: maturity date · expiry
Maturity is the fixed end date of a position. Before it, prices float with the market; at it, a PT redeems for full principal and a YT reaches zero.
Educational content, not financial advice. Spield is deployed on Stellar testnet and has not been audited; any figure shown in these guides is a worked example chosen to explain a mechanism, never a quote or a live reading.