Treasuries

For Latest visit: https://treasurydirect.gov/

Treasury Bills (T-Bills): These are short-term securities with maturities ranging from a few days to one year. T-Bills are sold at a discount to their face value, and the difference between the purchase price and the face value represents the investor's interest.

Treasury Notes (T-Notes): T-Notes have maturities ranging from two to ten years. They pay interest every six months and return the principal at maturity. T-Notes are issued in denominations ranging from $100 to $5,000.

Treasury Bonds (T-Bonds): T-Bonds are long-term securities with maturities greater than 10 years, up to 30 years. Similar to T-Notes, they pay interest every six months and return the principal at maturity.

Treasury Inflation-Protected Securities (TIPS): TIPS are designed to protect investors from inflation. The principal amount of TIPS increases with inflation and decreases with deflation, while interest payments are made on the adjusted principal.

Floating Rate Notes (FRNs): These are bonds with variable interest rates that reset periodically based on a reference interest rate, such as the Treasury bill rate.

Savings Bonds: Series EE and Series I Savings Bonds are non-marketable securities designed for individual investors. Series EE bonds are typically purchased at a discount and mature in 20 years, while Series I bonds offer protection against inflation.

Cash Management Bills (CMBs): These are short-term instruments issued to meet the short-term borrowing needs of the U.S. Treasury. They usually have maturities of less than three months.