This year the OGA and its members donated more than $40,000 to the Evans Scholars Foundation (see photo to the right). Individual OGA Members contribute directly to the Chick Evans Caddie Scholarship with one dollar from each of their annual dues going to the scholarship foundation. The Western Golf Association, headquartered in Golf, Illinois, has supported the Chick Evans Scholarship Program through the Evans Scholars Foundation since 1930.
Treasury bonds (T-Bonds, or the long bond) have the longest maturity, from twenty years to thirty years. They have a coupon payment every six months like T-Notes, and are commonly issued with maturity of thirty years.
1 Time to maturity: Consider two bonds that each cost $1,000 and yield 5%. 2  A bond that matures in one year would more quickly repay its true cost than a bond that matures in 10 years. 3  As a result, the shorter-maturity bond would have a lower duration and less price risk. 4  The longer the maturity, the higher the duration. The longer the maturity, the higher the duration. 2  Coupon rate: A bond's payment is a key factor in calculating duration. 3  If two otherwise identical bonds pay different coupons, the bond with the higher coupon will pay back its original cost quicker than the lower-yielding bond.