What types of securities can I purchase through TreasuryDirect?

TreasuryDirect.gov offers a variety of securities that individuals can purchase directly from the United States Department of the Treasury. One of the most popular types of securities available through TreasuryDirect is Treasury bonds. These are long-term investments with maturities ranging from ten to thirty years, and they provide interest payments every six months until maturity, at which point the principal is returned to the investor. In addition to Treasury bonds, TreasuryDirect also provides options for purchasing Treasury notes. Treasury notes are medium-term securities with maturities of two, three, five, and seven years, and they also pay interest every six months. There are also Treasury bills available, which are short-term securities with maturities of four, eight, thirteen, twenty-six, or fifty-two weeks. Treasury bills do not make regular interest payments; instead, they are sold at a discount and mature at par value. Another investment option through TreasuryDirect is the Series I savings bond. These bonds are designed to protect against inflation and earn interest based on a fixed rate and an inflation rate that adjusts every six months. There are also Series EE savings bonds, which earn a fixed interest rate and can double in value after a specific period, provided they are held for at least 20 years. Investors may also purchase Treasury Inflation-Protected Securities, known as TIPS, which are designed to provide protection against inflation by adjusting the principal based on changes in the Consumer Price Index. It is advisable to visit TreasuryDirect.gov for the most current information regarding available securities and any investment options that may be suitable for individual financial goals. The site also provides comprehensive details on how to navigate purchasing these securities efficiently.