Treasury Securities & Programs
U.S. Treasury securities are a great way to invest and save for the future. Here, you'll find overviews regarding U.S. Treasury bonds, notes, bills, TIPS, and Floating Rate Notes (FRNs), as well as U.S. Savings Bonds.
Here's what's available:
Treasury Bills
Treasury bills are short-term government securities with maturities ranging from a few days to 52 weeks. Bills are sold at a discount from their face value.
Treasury Notes
Treasury notes are government securities that are issued with maturities of 2, 3, 5, 7, and 10 years and pay interest every six months.
Treasury Bonds
Treasury bonds pay interest every six months and mature in 20 years or 30 years.
Treasury Inflation-Protected Securities (TIPS)
TIPS are marketable securities whose principal is adjusted by changes in the Consumer Price Index. TIPS pay interest every six months and are issued with maturities of 5, 10, and 30 years.
Floating Rate Notes (FRNs)
Interest payments on an FRN rise and fall based on discount rates for 13-week Treasury bills. FRNs are issued for a term of 2 years and pay interest quarterly.
Series I Savings Bonds
I savings bonds are a low-risk savings product that earn interest while protecting you from inflation. Sold at face value. Check out a comparison of TIPS and Series I Savings Bonds.
Series EE Savings Bonds
EE savings bonds are a secure savings product that pay interest based on current market rates, until they reach 30 years or until you cash them, whichever comes first. Electronic EE savings bonds are sold at face value in TreasuryDirect.
Other Securities
We no longer sell these securities, but you still may own them or have questions about them:
Treasury Securities Programs
If you are interested in electronic payroll savings, or are looking to find out more about auctions, you can also find the necessary details here:
