Easier Way to Buy Treasury Bonds

By: fedweek

Under a new “Buy Direct” program, you can buy Treasury securities with a toll-free phone call (1-800/943-6864) or at the Bureau of Public Debt Web site (www.publicdebt.treas.gov). Your investment will be deducted from a designated bank account so you don’t have to bother mailing in forms or checks. With the Buy Direct program you pay no fees, other than a $25 annual charge if your account exceeds $100,000. The minimum purchase is $1,000; until recently, minimums were $10,000 for short-term Treasury bills and $5,000 for intermediate-term Treasury notes.