Treasury Bonds: FAQs

What are the maturity terms for Treasury bonds?

We sell Treasury bonds in a term of 30 years.

How do I know when Treasury bonds will be auctioned?

We auction Treasury bonds four times a year, in February, May, August, and November.

For specific dates, see our Tentative Auction Schedule, which shows auction dates months in advance, or "Upcoming Auctions," which shows auctions that we have officially scheduled. (Auctions are officially scheduled only days before they are conducted.)

Also, you can sign up for e-mail notification of auctions.

Do you still issue Treasury bonds in paper form?

No. All Treasury bonds are now issued and held electronically.

Do some Treasury bonds still exist in paper form?

Yes. These are Treasury bonds that were issued in paper form and haven't matured. If you own one of these, you can convert it to electronic form and hold it in an account with us, or keep it in paper form. For information on paper Treasury bonds, contact us:

  • Send an e-mail
  • Call 304-480-7711
  • Write to:
    Customer Services Branch 3
    Definitives Section
    Bureau of the Public Debt
    P.O. Box 426
    Parkersburg, WV 26106-0426

Can I purchase Treasury bonds in Legacy Treasury Direct?

No. In 2007 we ceased selling Treasury bonds in Legacy Treasury Direct. However, you still may hold previously purchased Treasury bonds in Legacy Treasury Direct.

How can I place a competitive bid for a Treasury bond?

TreasuryDirect accepts only noncompetitive bids. To place a competitive bid, you must use a bank, broker, or dealer.

How do I transfer a Treasury bond from Legacy Treasury Direct to TreasuryDirect?

To transfer a Treasury bond from Legacy Treasury Direct to TreasuryDirect, take these steps:

  1. Open an account in TreasuryDirect. (If you already have an account, you may skip this step.) NOTE: At this time, only individuals can hold accounts in TreasuryDirect.
  2. Complete the Legacy Treasury Direct form"Security Transfer Request" (PD F 5179). In the form's section 3, check the box for "Transfer to an Established On-line TreasuryDirect Account Number." ( Download or order the form.) Your signature on this form must be certified. Your bank may provide this service.
  3. Mail the form to the Bureau of the Public Debt, at the address shown on the form.