Treasury Direct

Treasury direct

A system allowing an individual investor to make a noncompetitive bid on US Treasury securities and thus avoid broker-dealer fees.

Treasury Direct

The act or practice of buying U.S. Treasury securities without using a broker as an intermediary. The federal government sells its securities to the public using both competitive and non-competitive bidding; both of these are examples of Treasury direct. This eliminates fees the counterparties would have to pay otherwise.

Treasury Direct

The direct purchase by noncompetitive bid of newly issued Treasury securities. By buying these securities directly from the U.S. Treasury, the purchaser can bypass brokers and dealers and avoid paying commissions. Treasury securities that have already been issued can only be purchased through brokers or dealers in the secondary market.

Treasury Direct.

Treasury Direct is a direct investment system, offered through the US Department of the Treasury, that lets you make competitive or noncompetitive bids for new US Treasury issues.

Once you open a Treasury Direct account, you can buy, sell, or roll over your investments by mail, telephone, or online. Interest paid on your investments, and the value of any securities you redeem at maturity or by sale, are deposited directly into the bank account you designate.

References in periodicals archive ?
Treasury securities, at Treasury Direct, with no additional fees charged by the retirement service provider.
That is the estimated impact of the government's decision to scrap Treasury direct grants for students taking a second degree.
The Treasury anticipates that all investors of the electronic bonds will set up and utilize Treasury Direct accounts.
The beauty of buying from Treasury Direct is that there are no transaction costs.
Today the Federal Reserve System maintains two book-entry systems for marketable Treasury securities: the National Book-Entry System and Treasury Direct.
48 (according to US Treasury Direct, 3/26/09) would seem impossibly HUGE .
The Bank added features such as Mobile Banking, ACH Origination, Advanced Cash Management Services, International Treasury Direct, Business Interest Checking, as well as increased its efficiency by adding document imaging, electronic loan processing and underwriting for the back office.
Under its Treasury Direct program, you can open an account with the government and build a portfolio without paying brokerage fees.
Thirty-five Federal Reserve Banks and Branches, as fiscal agents, maintain two marketable book-entry securities systems for Treasury: commercial and Treasury Direct.
All NJCB business customers can enjoy no minimum deposits or balance requirements, unlimited check writing, and fee-free e-banking, free first order of checks, Online BillPay, Treasury Direct, Remote Deposit Capture, Lockbox and ACH origination.
Remember, you can buy your T-bonds, notes, and Dills directly from the Treasury by calling 800-943-6864 or visiting the Treasury Direct Web site at www.
Smart Exchange is a recent innovation that came about when the Treasury's Bureau of the Public Debt expanded access to Treasury Direct to increase investor safety and convenience.

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