Methuselah (bond)

The Methuselah is a term for a type of bond with a 50-year maturity. The term is a reference to Methuselah, the oldest person whose age is mentioned in the Hebrew Bible. The issuance in Methuselahs has been increasing in recent years due to demand for longer-dated assets from pension plans, particularly in France and the United Kingdom. Issuance of Methuselahs in the United States has been limited, however, as the U.S. Treasury does not currently issue Treasuries with maturities beyond 30 years, which would serve as a reference level for any corporate issuance.