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TreasuryDirect Factsheet

About TreasuryDirect

TreasuryDirect allows individuals and various types of entities including trusts, estates, corporations, partnerships, etc.to purchase, manage, hold and redeem their Treasury securities through an online account with the U.S. Department of Treasury. See Learn More about Entity Accounts for full information on the new registration types.

The entire line of Treasury consumer securities is available in TreasuryDirect: Treasury bills, Treasury notes, Treasury Inflation-Protected Securities (TIPS), Treasury bonds, Floating Rate Notes, and savings bonds.

When account holders purchase securities through TreasuryDirect, they do not receive paper securities. Instead, an electronic security is listed in their on-line account where the owner can view it, track its value, transfer it, or redeem it.

Benefits of Using TreasuryDirect

TreasuryDirect simplifies the lives of Americans who now use the Internet at work and at home. Individuals can purchase Treasury securities 24 hours a day, 7 days a week by accessing their account from any place with a secure Internet connection. The convenience of TreasuryDirect makes it possible for individuals to purchase and manage their Treasury securities - all in a single account with the click of a mouse.

Making all Treasury securities available to the public electronically through the TreasuryDirect website results in cost savings over time.

TreasuryDirect enables a direct relationship between customers - individuals and financial professionals alike - and the U.S. Treasury. The TreasuryDirect.gov site provides complete information for people who want to buy securities directly from the Treasury - in a way that's easy for everyone to understand.

Opening an Account

Opening a TreasuryDirect account is easy to do and available to anyone age 18 or older with Internet access. Completing the online application form takes 10 minutes or less. Applicants will need the following information: their e-mail address; Social Security Number (tax identification number); driver's license or state identification number, and expiration date; and bank routing transit number and savings or checking account number. The bank account information is needed for electronic transfer of funds for security purchases, redemptions, and maturity/interest payments. Applicants choose a password, a password reminder, and security questions to ensure confidential account access. Within a few minutes of completing the process, applicants receive an e-mail with their TreasuryDirect account number. To find out more, take a Guided Tour.

Automatic payroll deductions can be made toward the purchase of Treasury securities via TreasuryDirect. With this flexible feature, if an employer's payroll system has a direct deposit deduction available, employees can opt to have a portion of their pay transferred to their TreasuryDirect accounts for the purchase of electronic securities.

Security and Privacy

For the first time in a federal government e-business application, new customers can identify themselves in an all-electronic transaction and be authenticated by the Treasury's Pay.gov system. This authentication system matches key information customers enter when completing the online application form with that in trusted Government and commercial databases.

All private information exchanged during transactions is protected by 128-bit Secure Sockets Layer (SSL) encryption.

TreasuryDirect includes an "Investor Inbox" where customers receive important messages in a secure electronic environment as opposed to paper or insecure e-mail. The "Investor Inbox" contains messages sent to you if we have difficulty verifying the accuracy of your bank information, delivering a payment, or debiting your checking or savings account. We may also send you informational messages helpful to your account management.

Purchasing Increments

Because I bonds and EE bonds are in electronic form in TreasuryDirect, individuals can purchase them in penny increments, from $25 up to $10,000 each year. (In paper form, these bonds were only available in specific denominations.)

Treasury bills, notes, bonds, Floating Rate Notes, and TIPS are available in $100 increments, with a minimum purchase of $100.

Individuals can also monitor their accounts 24 hours a day, seven days a week from any secure Web portal.

Savings Bonds as a Gift

A "Gift Box" function allows customers to buy savings bonds for someone else and keep the bonds in their own account until they are ready to give them to the recipient. To purchase an electronic savings bond as a gift, the account holder needs to know the recipient's full name and Social Security Number and/or taxpayer ID number. The gift bond is placed in the "Gift Box" until the account holder obtains the TreasuryDirect account number of the recipient and is ready to transfer the bond into the recipient's account. The gift recipient will then receive an e-mail announcing the transfer of the bond. Anyone 18 years of age or older can be a TreasuryDirect account holder.

Treasury Bills, Notes, Bonds, Floating Rate Notes, and TIPS

Customers may purchase, hold, transfer, and manage bills, notes, bonds, Floating Rate Notes, and TIPS in TreasuryDirect. Bidding noncompetitively couldn't be easier. The bid submission process is completely online. Login to your account and from the "My Accounts" page, click on the BuyDirect® tab, click on the security you wish to purchase, the security term, the amount of your purchase, and whether you wish to reinvest this security.

Within TreasuryDirect, you can set up reinvestments into securities of the same type and term. For instance, you can use the proceeds from a maturing 5-year note to buy another 5-year note.

NOTE: The current auction schedule doesn't allow for the reinvestment of TIPS.

For Holders of Paper Savings Bonds

Savings Bond Wizard: Maintain an inventory of your paper savings bonds and determine the current redemption value, earned interest and other information with this downloadable Windows® program.

Savings Bond Calculator: This calculator lets you find out what your paper savings bonds are worth today right from your Web browser. It also allows you to create and save an inventory of your bonds.

Information about the Bureau of the Fiscal Service

TreasuryDirect.gov serves as the retail site for all Treasury securities. Please visit www.fiscal.treasury.gov for organizational information about the Treasury's Bureau of the Fiscal Service.

All press kit materials can be found in this Newsroom.

Contact Information

For more information about TreasuryDirect, send us an e-mail.