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 ?
The plan is also based on the dynamization of the site of the Debt Management Unit, the launch of the Treasury Direct, the creation of the Direct Debt Regularization Fund and the improvement of communication with the international market.
For these reasons and others, Army and DoD financial leadership recognized the need to assess Treasury direct disbursing as a possibility.
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.
The Bureau of Public Debt, however, charges an annual fee of $25 for a Treasury Direct account with balances above $ 100,000.
Federal government securities, including TIPS, can be purchased: (1) directly from the United States Treasury through a Federal Reserve bank (on issue); (2) from a commercial bank; (3) through a brokerage firm; or (4) by using the Treasury Direct system on the Internet.
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.
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.

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