The Comprehensive Guide to

Passive Income Investing


Learn the secrets of how Paul Tracy generates over $XXX,XXX per month in passive income!

How to Become Financially Independent Through Passive Income Investing

What is TreasuryDirect?

TreasuryDirect is the website used by the U.S. Treasury Department to sell Treasury securities directly to investors.

How Does TreasuryDirect Work?

TreasuryDirect is the first and only financial services website that lets investors purchase and redeem securities (like U.S. government bonds) directly from the U.S. Department of the Treasury in paperless electronic form. The TreasuryDirect system is run by the U.S. Treasury's Bureau of the Public Debt.

The U.S. Department of the Treasury issues bonds (T-bonds), bills (T-bills) and notes using a Dutch auction system in which it grants the best prices to competitive bidders. This process was computerized with the introduction of the Treasury Auction Automated Processing System (TAAPS) in 1993. TreasuryDirect carried this move one step further, providing a virtual 'open desk' through which large and small investors could electronically place bids for and obtain Treasury securities.

Why Does TreasuryDirect Matter?

Similar to stocks and corporate bonds, Treasury securities were traditionally available only by way of a broker-dealer. TreasuryDirect removes the proverbial 'middle man' and allows investors to purchase Treasury securities without incurring brokerage commissions.

[InvestingAnswers Feature: Using TreasuryDirect to Buy U.S. Government Bonds]

Ask an Expert about TreasuryDirect

All of our content is verified for accuracy by Paul Tracy and our team of certified financial experts. We pride ourselves on quality, research, and transparency, and we value your feedback. Below you'll find answers to some of the most common reader questions about TreasuryDirect.

Be the first to ask a question

If you have a question about TreasuryDirect, then please ask Paul.

Ask a question
Paul Tracy
Paul Tracy

Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 3 million monthly readers.