The maturity date refers to the date when the principal amount of a debt security, such as a bond or a loan, becomes due and must be repaid to the investor or lender. It is the final date on which the borrower is obligated to fully repay the borrowed funds. The maturity date is specified in the terms of the debt security and is an important consideration for both the issuer and the investor. Upon reaching the maturity date, the borrower is expected to repay the principal amount in full, along with any accrued interest or other specified payments.
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