About — TreasuryDirect

<!DOCTYPE html> <html lang="en"> <head> <meta charset="UTF-8"> <meta name="viewport" content="initial-scale=1"> <title>About — TreasuryDirect</title> <link rel="stylesheet" type="text/css" href="/styles/style.css"> <link rel="icon" href="/images/favicon.svg" type="image/svg+xml"> <style> .scrollButton:hover{ background-color: #0379ca; opacity: 100% !important; } </style> </head> <body> <div class="container"> <a class="sr-only sr-only-focusable" href="#main">Skip Navigation</a> </div> <div class="text-white bg-usa-blue-dark" role="banner"> <div class="container-xxl"> <div class="row"> <div class="col-md py-1 media small"> <img class="align-self-center mr-2" src="/images/icons/us_flag_small.png" alt="U.S. flag"> <div class="media-body"> <span class="mr-2">An official website of the United States government</span> <a class="d-block d-md-inline-block text-td-blue-light arrow-collapse" role="button" href="#" data-toggle="collapse" data-target="#official-site-collapse" aria-expanded="false" aria-controls="official-site-collapse"> Here’s how you know <svg class="bi-chevron-down" width="1.1em" height="1.1em" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512"><path fill="currentColor" d="M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z"/></svg> </a> </div> </div> <div class="col-md py-1 border-top border-md-0 border-usa-gray-light small text-md-right"> <a class="text-white" href="https://www.treasury.gov" target="_blank" rel="nofollow noopener noreferrer">U.S. Department of the Treasury</a> </div> </div> </div> <div id="official-site-collapse" class="collapse container-xxl border-top border-md-0 border-usa-gray-light"> <div class="row"> <div class="p-3 col-md-6"> <div class="media"> <img class="w-2-5em h-2-5em mr-2" src="/images/icons/icon-dot-gov.svg" alt=""> <div class="media-body"> <strong>Official websites use .gov</strong><br> A <strong>.gov</strong> website belongs to an official government organization in the United States. </div> </div> </div> <div class="p-3 col-md-6"> <div class="media"> <img class="w-2-5em h-2-5em mr-2" src="/images/icons/icon-https.svg" alt=""> <div class="media-body"> <strong>Secure .gov websites use HTTPS</strong><br> A <strong>lock</strong> (<span class="icon-lock-white"></span>) or <strong>https://</strong> means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites. </div> </div> </div> </div> </div> </div> <header id="header-site" class="bg-white"> <div class="container-xxl"> <nav class="navbar navbar-expand-lg navbar-td p-0"> <a class="navbar-brand d-lg-none py-3" href="/"><img src="/images/logo-treasurydirect-color.svg" alt="TreasuryDirect Home"></a> <button class="navbar-toggler btn btn-outline-td-blue nav-text-small shadow-none" data-toggle="collapse" data-target="#site-nav-collapse" aria-controls="site-nav-collapse" aria-expanded="false" aria-label="Toggle navigation"> <span class="align-middle">Menu</span></button> <div class="collapse navbar-collapse flex-wrap navbars" id="site-nav-collapse"> <a class="navbar-brand d-none d-lg-block py-lg-4 order-lg-0" href="/"><img src="/images/logo-treasurydirect-color.svg" alt="TreasuryDirect Home"></a> <div class="navbar-nav ml-lg-auto align-items-center order-lg-2"> <a class="btn btn-sm btn-td-orange text-white shadow-none" href="/log-in/">Log In</a> <form id="search-form-page-header" action="https://search.usa.gov/search" accept-charset="UTF-8" method="get" class="ml-lg-3 my-0 py-2"> <div class="input-group input-group-sm"> <input type="text" name="query" id="query-page-header" autocomplete="off" class="form-control" placeholder="Search…" aria-label="Search TreasuryDirect" aria-describedby="button-site-search-header-submit"> <input name="utf8" type="hidden" value="✓"> <input type="hidden" name="affiliate" id="affiliate" value="treasurydirect"> <div class="input-group-append"> <button class="btn btn-td-green font-weight-bold shadow-none" type="submit" id="button-site-search-header-submit" name="commit" data-disable-with="Search" aria-label="Submit"> <span class="icon-search-solid-white"></span> </button> </div> </div> </form> </div> <ul class="navbar-nav nav-text-large order-lg-3 pb-lg-2"> <li class="nav-item"><a class="nav-link" href="/"><span class="icon-home-solid-blue"></span></a></li> <li class="nav-item dropdown"> <a class="nav-link dropdown-toggle" href="#" id="site-nav-savings-bond-link" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">Savings Bonds</a> <div class="dropdown-menu" aria-labelledby="site-nav-savings-bond-link"> <div class="dropdown-menu-wrapper"> <a class="dropdown-item" href="/savings-bonds/">About U.S. Savings Bonds</a> <a class="dropdown-item" href="/savings-bonds/buy-a-bond/">Buy a Bond</a> <a class="dropdown-item" href="/savings-bonds/gift-a-bond/">Gift a Savings Bond</a> <a class="dropdown-item" href="/savings-bonds/cashing-a-bond/">Cash In a Bond</a> <a class="dropdown-item" href="/savings-bonds/savings-bond-calculator/">Savings Bond Value Calculator</a> <a class="dropdown-item" href="/savings-bonds/manage-bonds/">Manage Bonds</a> <a class="dropdown-item" href="/savings-bonds/forms/">Forms for Savings Bonds</a> <a class="dropdown-item" href="/savings-bonds/treasury-hunt/">Treasury Hunt</a> </div> </div> </li> <li class="nav-item dropdown"> <a class="nav-link dropdown-toggle" href="#" id="site-nav-us-marketable-securities-link" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">Treasury Marketable Securities</a> <div class="dropdown-menu" aria-labelledby="site-nav-us-marketable-securities-link"> <div class="dropdown-menu-wrapper"> <a class="dropdown-item" href="/marketable-securities/">About Treasury Marketable Securities</a> <a class="dropdown-item" href="/marketable-securities/treasury-bills/">Treasury Bills</a> <a class="dropdown-item" href="/marketable-securities/treasury-bonds/">Treasury Bonds</a> <a class="dropdown-item" href="/marketable-securities/treasury-notes/">Treasury Notes</a> <a class="dropdown-item" href="/marketable-securities/tips/">TIPS</a> <a class="dropdown-item" href="/marketable-securities/floating-rate-notes/">Floating Rate Notes (FRNs)</a> <a class="dropdown-item" href="/marketable-securities/strips/">STRIPS</a> <a class="dropdown-item" href="/marketable-securities/forms/">Forms for Treasury Marketable Securities</a> <a class="dropdown-item" href="/savings-bonds/treasury-hunt/">Treasury Hunt</a> </div> </div> </li> <li class="nav-item dropdown"> <a class="nav-link dropdown-toggle" href="#" id="site-nav-auctions-link" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">Auctions</a> <div class="dropdown-menu" aria-labelledby="site-nav-auctions-link"> <div class="dropdown-menu-wrapper"> <a class="dropdown-item" href="/auctions/">About Auctions</a> <a class="dropdown-item" href="/auctions/how-auctions-work/">How Auctions Work (Participating)</a> <a class="dropdown-item" href="/auctions/when-auctions-happen/">When Auctions Happen (Schedules)</a> <a class="dropdown-item" href="/auctions/announcements-data-results/">Announcements, Data & Results</a> <a class="dropdown-item" href="/auctions/announcements-data-results/buy-backs/">Buyback Announcements and Results</a> <a class="dropdown-item" href="/auctions/upcoming/">Upcoming Auctions</a> <a class="dropdown-item" href="/auctions/results/">Recent Auction Results</a> <a class="dropdown-item" href="/auctions/auction-query/">Auction Search (Query)</a> <a class="dropdown-item" href="/auctions/announcements-data-results/announcement-results-press-releases/treasury-marketable/">Auction Press Releases</a> <a class="dropdown-item" href="/laws-and-regulations/auction-regulations-uoc/">Auction Regulations (UOC)</a> </div> </div> </li> <li class="nav-item dropdown"> <a class="nav-link dropdown-toggle" href="#" id="site-nav-laws-link" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">Laws and Regulations</a> <div class="dropdown-menu" aria-labelledby="site-nav-laws-link"> <div class="dropdown-menu-wrapper"> <a class="dropdown-item" href="/laws-and-regulations/">About Laws and Regulations</a> <a class="dropdown-item" href="/laws-and-regulations/auction-regulations-uoc/">Auction Regulations (UOC)</a> <a class="dropdown-item" href="/laws-and-regulations/collateral-programs/">Collateral Programs</a> <a class="dropdown-item" href="/laws-and-regulations/trades/">Commercial Book-Entry Regulations (TRADES)</a> <a class="dropdown-item" href="/laws-and-regulations/fraud/">Frauds, Phonies, & Scams</a> <a class="dropdown-item" href="/laws-and-regulations/gsa/">Government Securities Act (GSA) Regulations</a> <a class="dropdown-item" href="/laws-and-regulations/gsa/lpr-reports/">Large Position Reporting (LPR)</a> <a class="dropdown-item" href="/laws-and-regulations/buyback-rules/">Redemption Ops (Buyback) Rules</a> <a class="dropdown-item" href="/laws-and-regulations/marketable-securities-laws-and-regulations/">Treasury Marketable Securities Regulations</a> <a class="dropdown-item" href="/laws-and-regulations/savings-bond-regulations/">Savings Bond Regulations</a> <a class="dropdown-item" href="/laws-and-regulations/treasury-direct-regulations/">TreasuryDirect Regulations</a> </div> </div> </li> <li class="nav-item"><a class="nav-link" href="/research-center/">Research Center</a></li> <li class="nav-item dropdown"> <a class="nav-link dropdown-toggle" href="#" id="site-nav-government-users-link" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">Government Users</a> <div class="dropdown-menu dropdown-menu-right dropdown-menu-xl-left" aria-labelledby="site-nav-government-users-link"> <div class="dropdown-menu-wrapper"> <a class="dropdown-item" href="/government/">For Government Users</a> <a class="dropdown-item" href="/government/federal-investments-program/">Federal Investments Program</a> <a class="dropdown-item" href="/government/slgs/">SLGS & SLGSafe</a> <a class="dropdown-item" href="/government/security-liquidation-proceeds/">Security Liquidation & Proceeds</a> <a class="dropdown-item" href="/government/federal-borrowings-program/">Federal Borrowings Program</a> <a class="dropdown-item" href="/government/treasury-managed-accounts/">Treasury Managed Accounts</a> <a class="dropdown-item" href="/government/funds-management-program-reports/">Funds Management Program Reports</a> <a class="dropdown-item" href="/government/historical-debt-outstanding/">History of the Debt</a> <a class="dropdown-item" href="/government/public-debt-reports/">Public Debt Reports </a> <a class="dropdown-item" href="/government/interest-rates-and-prices/">Interest Rates and Prices </a> </div> </div> </li> </ul> <ul class="navbar-nav nav-text-small order-lg-1"> <li class="nav-item"><a class="nav-link" href="/mailing-lists/">Mailing Lists</a></li> <li class="nav-item"><a class="nav-link" href="/news/">News</a></li> <li class="nav-item"><a class="nav-link" href="/about/">About</a></li> <li class="nav-item"><a class="nav-link" href="/forms/">Forms</a></li> <li class="nav-item"><a class="nav-link" href="/help-center/">Help Center</a></li> <li class="nav-item"><a class="nav-link" href="/contact-us/">Contact Us</a></li> </ul> </div> </nav> </div> </header> <main id="main"> <section class="jumbo-stage"> <div class="background text-center" style="background-image: url('/images/content/stage-about.jpg');"> <div class="container-xxl"> <img src="/images/content-icons/icon-circle-info.svg" alt=""> <h1>About TreasuryDirect.gov</h1> </div> </div> <div class="container-xxl"> <div class="content"> <div class="content-inner"> <p>TreasuryDirect.gov is the one and only place to buy and redeem U.S. savings bonds and other securities directly from the U.S. Treasury! Your investments are backed by the full faith and credit of the United States government.</p> </div> </div> </div> </section> <section> <div class="section-container container-xxl"> <div class="body-copy"> <h2 class="h1">What’s on this site?</h2> <p>TreasuryDirect.gov is divided into two parts:</p> </div> <div class="card-deck dual-boxes-group"> <div class="dual-box card"> <div class="card-body"> <div class="negate"> <div class="consume"> <h3 class="h2">Informational Website</h3> <p>At TreasuryDirect.gov, you can learn about U.S. <a href="/savings-bonds">Savings Bonds</a>, and <a href="/marketable-securities/">Treasury marketable securities</a> like <a href="/marketable-securities/treasury-bills/">Treasury Bills</a>, <a href="/marketable-securities/treasury-bonds/">Bonds</a>, <a href="/marketable-securities/treasury-notes/">Notes</a>, and more. This site also contains a robust <a href="/research-center/">Research Center</a>.</p> <p>It's not just individuals buying bonds — financial institutions, government agencies, and even other countries purchase billions of dollars’ worth of U.S. securities every year.</p> </div> </div> </div> </div> <div class="dual-box card"> <div class="card-body"> <div class="negate"> <div class="consume"> <h3 class="h2">Buying and Redeeming</h3> <p>When you're ready to buy or redeem your first savings bond or other security, you'll need to <a href="/RS/UN-AccountCreate.do" target="_blank" rel="noreferrer noopener">create a TreasuryDirect account</a>. The process is similar to opening up a checking or savings account.</p> <p>Once your account is open, and after you <a href="/log-in/">log in</a> with your account number and password, then you can buy, redeem, and manage your investments.</p> </div> </div> </div> </div> </div> <div class="body-copy"> <h2 class="h1">Who is this site for?</h2> </div> <div class="grid-row-container row "> <div class="grid-column-container col-md"> <div class="negate"> <div class="consume"> <figure> <img src="/images/content/grandma-and-daughter.jpg" alt="" > </figure> <div class="body-copy"> <h3 class="h2">Individuals</h3> <p>Anyone can use this site to learn about savings bonds and other investments available for purchase. To make a purchase and manage them, <a href="/RS/UN-AccountCreate.do" target="_blank" rel="noreferrer noopener">open a TreasuryDirect account</a>.</p> <p>TreasuryDirect accounts offer Series I and EE Savings Bonds, Treasury Bills, Notes, Bonds, Inflation-Protected Securities (TIPS), and Floating Rate Notes, all in electronic form, and all in one convenient account.</p> </div> </div> </div> </div> <div class="grid-column-container col-md"> <div class="negate"> <div class="consume"> <figure> <img src="/images/content/bank-teller-meeting.jpg" alt="" > </figure> <div class="body-copy"> <h3 class="h2">Financial Institutions</h3> <p>Banks and other financial institutions <a href="/savings-bonds/cashing-a-bond/financial-institutions/">help the general public cash in their old paper savings bonds</a>.</p> <p>Investment houses and financial professionals use the TreasuryDirect.gov website to get information about Treasury marketable securities and the auction process, auction announcements, and auctions results. Institutional investors use the <a href="/auctions/taaps/">TAAPS program</a> to buy Treasury marketable securities and manage large investments on behalf of their clients, company, or institutions.</p> </div> </div> </div> </div> <div class="grid-column-container col-md"> <div class="negate"> <div class="consume"> <figure> <img src="/images/content/man-with-smartphone.jpg" alt="" > </figure> <div class="body-copy"> <h3 class="h2">Government Investors</h3> <p><a href="/government/federal-investments-program/">FedInvest</a> (the Federal Investments Program) provides investment services to about 250 Trust, Deposit and Special Funds. These investments represent more than 1/3 of the public debt outstanding.</p> <p>With the <a href="/government/slgs/">SLGS program</a>, securities are offered for sale to issuers of state and local government tax-exempt debt.<br></p> </div> </div> </div> </div> </div> <h2 class="h1">Watch our video about the TreasuryDirect.gov website</h2> <a href="/indiv/tools-videos/about/"> <img src="/videos/tools/about/td-about-video.jpg" style="width: 80%"></a> </div> </section> <button type="button" class="btn btn-td-blue scrollButton d-print-none" onclick="topFunction()" id="myBtn" title="Back to Top" style="display: none; position: fixed; bottom: 1em; right: 1em; opacity: 50%; z-index: 99999999"> <svg class="bi-chevron-down" style="transform: rotate(180deg)" width="2em" height="2em" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512"> <path fill="currentColor" d="M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z"></path> </svg> </button> </main> <footer> <nav> <div class="container-xxl hide-print"> <div class="wrapper py-5"> <div class="row mb-4 text-md-center"> <div class="col-12"> <a href="/"><img src="/images/logo-treasurydirect-color.svg" alt="TreasuryDirect Home"></a> <form id="search-form-page-footer" action="https://search.usa.gov/search" accept-charset="UTF-8" method="get" class="py-2 mx-md-auto"> <div class="input-group"> <input type="text" name="query" id="query-page-footer" autocomplete="off" class="form-control" placeholder="Search…" aria-label="Search TreasuryDirect" aria-describedby="button-site-search-footer-submit"> <input name="utf8" type="hidden" value="✓"> <input type="hidden" name="affiliate" id="affiliate2" value="treasurydirect"> <div class="input-group-append"> <button class="btn btn-td-green font-weight-bold" type="submit" id="button-site-search-footer-submit" aria-label="Submit"> <span class="icon-search-solid-white"></span> </button> </div> </div> </form> </div> </div> <div class="row"> <div class="col-12 col-md-4"> <h3>Connect With Us</h3> <ul class="list-unstyled nav-text-large social-icons"> <li><a class="no-icon" target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/treasurydirect/"><span class="icon-twitter mr-2"></span>X (formerly Twitter)</a></li> <li><a class="no-icon" target="_blank" rel="noopener noreferrer nofollow" href="https://www.facebook.com/fiscalservice/"><span class="icon-facebook mr-2"></span>Facebook</a></li> <li><a class="no-icon" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/TreasuryDirect/"><span class="icon-youtube mr-2"></span>YouTube</a></li> <li><a class="no-icon" href="/rss/"><span class="icon-rss mr-2"></span>RSS Feeds</a></li> </ul> </div> <div class="col-12 col-md-4"> <h3>Legal Information</h3> <ul class="list-unstyled nav-text-small"> <li><a href="/legal-information/foia/">Freedom of Information Act</a></li> <li><a href="/legal-information/privacy/">Privacy</a></li> <li><a href="/legal-information/terms/">Terms & Conditions</a></li> <li><a href="/legal-information/data-quality/">Data Quality</a></li> <li><a href="/legal-information/developers/">For Web Developers</a></li> <li><a href="/legal-information/accessibility/">Accessibility</a></li> </ul> </div> <div class="col-12 col-md-4"> <h3>Related Sites</h3> <ul class="list-unstyled nav-text-small"> <li><a target="_blank" rel="noopener noreferrer" href="https://www.treasury.gov">treasury.gov</a></li> <li><a target="_blank" rel="noopener noreferrer" href="https://fiscaldata.treasury.gov">fiscaldata.treasury.gov</a></li> <li><a target="_blank" rel="noopener noreferrer" href="https://www.usaspending.gov">USAspending.gov</a></li> <li><a target="_blank" rel="noopener noreferrer" href="https://fiscal.treasury.gov">Bureau of the Fiscal Service</a></li> <li><a target="_blank" rel="noopener noreferrer" href="https://www.usa.gov">USA.gov</a></li> <li><a target="_blank" rel="noopener noreferrer" href="https://www.data.gov">Data.gov</a></li> <li><a target="_blank" rel="noopener noreferrer" href="https://www.regulations.gov">Regulations.gov</a></li> </ul> </div> </div> </div> </div> </nav> </footer> <script src="/scripts/jquery.min.js" charset="utf-8"></script> <script src="/scripts/bootstrap.bundle.min.js" charset="utf-8"></script> <script src="/scripts/components.js" charset="utf-8"></script> <script src="/scripts/back-to-top.js" charset="utf-8"></script>  <script id="_fed_an_ua_tag" src="https://dap.digitalgov.gov/Universal-Federated-Analytics-Min.js?agency=TRE&subagency=FS&exts=xml,prn,json,csv,tsv"></script>   <script type="text/javascript"> function googleTranslateElementInit() { new google.translate.TranslateElement({ pageLanguage: 'en', floatPosition: google.translate.TranslateElement.FloatPosition.BOTTOM_RIGHT }); 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About — TreasuryDirect