As of September 2015, maturity rate on a five-year treasury note is 1.47. This reflects the same rate as one month prior, and lower than one-year prior when the rate was 1.79.
Treasury notes are federal government debt instruments that have a fixed interest rate. Five-year treasury notes are a composite of many treasury securities, adjusted to reflect a five-year maturity. The U.S. Treasury uses the rate as a basis to calculate the price of different securities, such as corporate bonds and establishing certificate of deposit yields. Most people considered treasury securities a safe investment vehicle since they are backed by the full faith and credit of the U.S. Treasury. Furthermore, income generated by treasuries is not taxable at the state and local level.