There is more than one way to hold Treasury securities – you can use:
- Legacy Treasury Direct® (NOTE: Legacy Treasury Direct is being phased out.)
- the Commercial Book-Entry System through your bank or broker
You can buy Treasury securities using one convenient web–based account which is part of an application we call TreasuryDirect. TreasuryDirect is our primary retail system for selling our securities. This system allows us to establish direct relationships with you as an investor, enabling you to do business with us electronically using the Internet and conduct transactions without personal assistance from us.
In TreasuryDirect, you can purchase and hold Treasury bills, notes, bonds and inflation-protected securities (TIPS) as well as savings bonds, and manage your holdings online in a secure environment.
Our long-term goal is to consolidate all retail sales of Treasury securities in TreasuryDirect. With this consolidation, we'll realize savings in administrative costs and be able to enhance our customer service.
Legacy Treasury Direct is being phased out. Purchases, reinvestments, new accounts, and incoming transfers are no longer available in the program. For now, customers who hold previously issued securities in Legacy Treasury Direct may continue to hold them there. For service, customers may call 844-284-2676 (toll free) and speak to a customer service representative. Representatives are available from 8 a.m. to 6 p.m. Eastern Time, Monday through Friday, except holidays. (From outside the United States, call 304-480-6464.)
You can also choose to buy marketable securities through a bank, broker, or dealer in the Commercial Book-Entry System. To find out more you can go to your financial institution’s website or contact your customer service representative at your bank or broker.