Question
How to buy government bonds?
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24th Feb 2011 by admint
You can buy government bonds in TreasuryDirect. You must open an account with Treasury Direct. Complete the treasury form and submit it to the Federal Reserve Bank or to a bank branch. You would then receive a confirmation of your account with a unique account number that you would use in purchasing government bonds. Choose in what form you would wish to buy a government bond, either a competitive or non-competitive bid. You submit a tender form with a check indicating the exact amount of the bonds face value. If the price in auction is lower than what you have bided, you will receive a check for the difference. If it is higher, you will receive an amount due notice for the difference. After your bid has been accepted, Federal Reserve will send a confirmation.
You can buy government bonds in TreasuryDirect. You must open an account with Treasury Direct. Complete the treasury form and submit it to the Federal Reserve Bank or to a bank branch. You would then receive a confirmation of your account with a unique account number that you would use in purchasing government bonds. Choose in what form you would wish to buy a government bond, either a competitive or non-competitive bid. You submit a tender form with a check indicating the exact amount of the bonds face value. If the price in auction is lower than what you have bided, you will receive a check for the difference. If it is higher, you will receive an amount due notice for the difference. After your bid has been accepted, Federal Reserve will send a confirmation.
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1st Nov 2009 In Bonds
1 Answers | 168 Views
Subjects: bonds,
government bonds,