Bo Derek

English

Etymology

Named after American actress Bo Derek (born 1956), who starred in the romantic comedy film 10 in 1979. The bonds reached maturity in 2010.

Noun

Bo Derek (plural Bo Dereks)

1. (US, slang, finance) A 30-year Treasury bond issued by the United States federal government in 1980.
   • 1981 May 18, Jack Egan, “Investing in a Perfect ‘10’”, in New York, volume 14, number 20, →ISSN, page 8:

     If you're looking for a sexy investment opportunity, you might consider buying a Bo Derek.
     Nearly everybody knows the actress, the perfect “10” of the movies, but not too many people are familiar with the other “Bo Derek,” which; believe it or not, is a long-term U.S. Treasury bond that has had a siren appeal for sophisticated investors.

   • 1991, Linda Gray Sexton, Private Acts, Boston, MA: Little, Brown and Company, →ISBN, page 189:

     “I wanted to ask you about those Telephone Bo Dereks,” he goes on. (Bo Dereks: bonds that mature in 2010.)
     “I refuse, absolutely refuse, to talk business at dinner,” she warns, waggling her finger at him and realizing (a beat too late) that she has just escalated the evening onto a personal level.