Over-the-Counter Sales of Paper Savings Bonds Ending in 2011
Electronic bonds can be purchased online at www.treasurydirect.gov.

Source: U.S. Department of the Treasury, Bureau of the Public Debt

The U.S. Department of the Treasury will end over-the-counter sales of paper savings bonds on December 31, 2011, including sales through financial institutions and applications mailed directly to the Federal Reserve Bank by customers. This move is expected to save taxpayers an estimated $70 million over the next five years.

Although paper bonds are being discontinued, electronic Series EE and Series I Savings Bonds will remain available for purchase via TreasuryDirect. This secure, web-based system, operated by the Bureau of the Public Debt, has been used by investors since 2002 to purchase savings bonds online.

As your trusted resource for savings bond purchases, we want to make you aware of these changes and provide information to you for this transition. We have a Frequently Asked Question document available for your review.

We will continue to redeem paper savings bonds for you.

 

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