maturity - the date when a financial obligation, e.g. a bill of exchange, bond, stock is due for payment. In banking a bill of exchange or promissory note becomes legally payable on the last day of payment... The date that any instalment loan must be repaid.
The following shall not be regarded as 'debt instruments' within the meaning of Article 104 of the Treaty: securities acquired from the public sector to ensure the conversion into negotiable fixed-maturity securities under market conditions of: - fixed-maturity claims acquired before 1 January 1994 which are not negotiable or not under market conditions, provided that the maturity of the securities is not subsequent to that of the aforementioned claims.
