How can individual investors purchase Treasury securities?
Individual investors have several options available to purchase Treasury securities:
- The TreasuryDirect website is the Treasury's mechanism for communicating ways for individual investors to purchase Treasury securities directly from the Treasury. (See http://www.treasurydirect.gov/indiv/myaccount/myaccount.htm.)
- Investors can also purchase securities through an investment advisor. Most marketable Treasury securitiesThe Treasury issues two major types of debt securities to the public: marketable and nonmarketable securities. Marketable securities, which consist of Treasury bills, notes, bonds, and TIPS, can be resold by whoever owns them. Marketable securities are auctioned at regular intervals during the year. are sold initially to dealers and brokers for resale in the secondary marketThe marketplace in which marketable Treasury securities (which constitute most debt held by the public, and which can be sold by whoever owns it) are traded. For example, Treasury securities are resold by primary dealers, who purchase large amounts of Treasury securities..
- Individuals can also invest in many pension funds and money market accounts that purchase Treasury securities as well.