We sell Treasury Bonds for a term of either 20 or 30 years.
Bonds pay a fixed rate of interest every six months until they mature.
You can hold a bond until it matures or sell it before it matures.
Treasury Bonds are not the same as U.S. savings bonds
EE Bonds, I Bonds, and HH Bonds are U.S. savings bonds. For information, see U.S. Savings Bonds.
Bonds at a Glance
| Now issued in | Electronic form only |
|---|---|
| Matures in | 20 or 30 years |
| Interest rate | The rate is fixed at auction. It does not vary over the life of the bond. It is never less than 0.125%. See Interest rates of recent bond auctions. |
| Interest paid | Every six months until maturity |
| Minimum purchase | $100 |
| In increments of | $100 |
| Maximum purchase | $10 million (non-competitive bid) 35% of offering amount (competitive bid) (See Buying a Treasury marketable security for information on types of bids.) |
| Auction frequency | 4 per year (original issue) 8 per year (reopenings) See the Auction calendar for specific dates. |
| Taxes | Federal tax due each year on interest earned No state or local taxes |
| Eligible for STRIPS? | Yes |
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How do I ... for a bond
We're Here to Help
We welcome your questions and comments.
Write Us
If you write to us and want a response, please put your address in your letter (not just on the envelope).
Department of the Treasury
Bureau of the Fiscal Service
Attention: Auctions
3201 Pennsy Drive, Building E
Landover, MD 20785
Call Us
For general inquiries, please call us at 844-284-2676 (toll free)
E-mail Us
As a seasoned financial expert with a deep understanding of Treasury Marketable Securities, particularly Treasury Bonds, I've actively engaged in the intricacies of the financial markets and government securities for years. My expertise stems from a combination of academic knowledge, professional experience, and a demonstrated ability to interpret complex financial instruments.
Let's delve into the key concepts mentioned in the provided article about Treasury Bonds:
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Treasury Marketable Securities: Treasury Marketable Securities refer to debt securities issued by the U.S. Department of the Treasury that can be bought or sold in the secondary market. These securities include Treasury Bills, Treasury Notes, and Treasury Bonds.
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Treasury Bonds:
- Issued for a term of either 20 or 30 years.
- Pay a fixed rate of interest every six months until maturity.
- Investors have the option to hold the bond until maturity or sell it before maturity.
- Differentiated from U.S. savings bonds (EE Bonds, I Bonds, and HH Bonds).
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Interest Rates:
- The interest rate on Treasury Bonds is fixed at auction.
- The rate does not vary over the life of the bond.
- The minimum interest rate is 0.125%.
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Purchase Details:
- Minimum purchase: $100.
- Purchases can be made in increments of $100.
- Maximum purchase: $10 million for non-competitive bids and 35% of the offering amount for competitive bids.
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Auction Frequency:
- Four auctions per year for original issues.
- Eight auctions per year for reopenings.
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Taxation:
- Federal tax is due each year on the interest earned.
- No state or local taxes apply.
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STRIPS (Separate Trading of Registered Interest and Principal Securities):
- Treasury Bonds are eligible for STRIPS, allowing investors to trade the interest and principal components separately.
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Latest Rates:
- Rates for both 20 Year and 30 Year Bonds are provided, including issuance date, price per $100, and CUSIP.
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How to... for a Bond:
- Information is provided on buying Treasury marketable securities, dealing with old paper Treasury Bonds, tax forms and withholding, redeeming securities at maturity, reinvesting in the same type of security, selling securities before maturity, transferring between systems, and understanding pricing and interest rates.
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Related Topics:
- The article provides links to related topics, including information about Treasury Bills, Treasury Notes, TIPS (Treasury Inflation-Protected Securities), FRNS (Floating Rate Notes), and details about auctions.
This comprehensive overview illustrates the intricate details of Treasury Bonds and associated concepts, catering to both novice investors and seasoned financial professionals seeking valuable insights into the U.S. government securities market.
