long bond
noun[C]
FINANCEukusabondthat will bepaidback in more than 10 or 15years:
Yesterday'sjumpinpricesstillleavesyieldson Britishlongbondsup at 81/4%.
abondsoldby the US Treasury which will bepaidback in 30years:
USlongbondyieldshaveclimbedabove 6.5%.