Treasury Bonds
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. See U.S. Savings Bonds.
Bonds at a Glance
| Now issued in | Electronic form only |
|---|---|
| Matures in | 20 or 30 years |
| Interest rate | Fixed at auction. It does not vary over the life of the bond. It is never less than 0.125%. |
| Interest paid | Every six months until maturity |
| Minimum purchase | $100 |
| In increments of | $100 |
| Maximum purchase | $10 million (non-competitive bid) / 35% of offering amount (competitive bid) |
| Auction frequency | 4 per year (original issue), 8 per year (reopenings) |
| Taxes | Federal tax due each year on interest earned. No state or local taxes. |
| Eligible for STRIPS? | Yes |