We sell Treasury Bonds for a term of either 20 or 30 years.
Bonds pay a fixed rate of interest every six months until they mature.
You can hold a bond until it matures or sell it before it matures.
Treasury Bonds are not the same as U.S. savings bonds
EE Bonds, I Bonds, and HH Bonds are U.S. savings bonds. For information, see U.S. Savings Bonds.
Bonds at a Glance
|Now issued in||Electronic form only|
|Matures in||20 or 30 years|
|Interest rate||The rate is fixed at auction. It does not vary over the life of the bond.
It is never less than 0.125%.
See Interest rates of recent bond auctions.
|Interest paid||Every six months until maturity|
|In increments of||$100|
|Maximum purchase||$10 million (non-competitive bid)
35% of offering amount (competitive bid)
(See Buying a Treasury marketable security for information on types of bids.)
|Auction frequency||4 per year (original issue)
8 per year (reopenings)
See the Auction calendar for specific dates.
|Taxes||Federal tax due each year on interest earned
No state or local taxes
|Eligible for STRIPS?||Yes|
How do I ... for a bond
We're Here to Help
We welcome your questions and comments.
If you write to us and want a response, please put your address in your letter (not just on the envelope).
Department of the Treasury
Bureau of the Fiscal Service
3201 Pennsy Drive, Building E
Landover, MD 20785
For general inquiries, please call us at 844-284-2676 (toll free)