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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
US Treasury Direct, for example, already offers retail customers an extremely low-cost way to hold very short-term Treasury debt for amounts as little as $100, tradable to others in the system.
For these reasons and others, Army and DoD financial leadership recognized the need to assess Treasury direct disbursing as a possibility.
Can also be purchased through Treasury Direct. * Major exchanges that trade bonds include the New York Stock Exchange and the NASDAQ.
That is the estimated impact of the government's decision to scrap Treasury direct grants for students taking a second degree.
Treasury Direct ( website operated by the United States Treasury, which allows investors to buy and sell Treasury bills and other Treasury issues, including Treasury Inflation-Protected Securities (TIPS) over the Internet.
The Treasury anticipates that all investors of the electronic bonds will set up and utilize Treasury Direct accounts.
CPAs can help clients build a bond portfolio with any kind of bond, but Treasurys are commonly used since they have relatively little risk and are widely available either on the secondary market (from another investor) or directly from the government through a program called Treasury Direct. The beauty of buying from Treasury Direct is that there are no transaction costs.
Investors can purchase I-Bonds online at Savings Bonds Direct (www.savings or Treasury Direct (www
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.

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