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. For information, see U.S. Savings Bonds.

Bonds at a Glance

Now issued in	Electronic form only
Matures in	20 or 30 years
Interest rate	The rate is fixed at auction. It does not vary over the life of the bond. It is never less than 0.125%. See Interest rates of recent bond auctions.
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) (See Buying a Treasury marketable security for information on types of bids.)
Auction frequency	4 per year (original issue) 8 per year (reopenings) See the Auction calendar for specific dates.
Taxes	Federal tax due each year on interest earned No state or local taxes
Eligible for STRIPS?	Yes