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Many institutions, such as university endowments or sovereign wealth funds, invest on these time scales. Example: https://www.bloomberg.com/news/articles/2017-08-29/why-yale-...

And as another commented, these bonds can be traded long before they mature.

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Of course they can be traded at anytime. I think I’m somewhere between “why doesn’t this already exist” and “who cares”. It sounds at once both useful for creating long term assurances and highlights how different such financial choices are from common individual personal finance choices.

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