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Contractual maturity refers to the specific date or period when a financial contract, such as a loan, bond, or derivative, is set to expire or be settled. At this point, the parties involved are required to fulfill their obligations, which may include repayment of principal, interest payments, or other contractual terms. Contractual maturity is crucial for financial planning and risk management, as it determines the timeline for cash flows and the overall lifespan of the agreement.

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