 | |
| Agency overview | |
|---|---|
| Formed | 1986 |
| Type | United States Treasury security seller |
| Parent department | Bureau of the Fiscal Service |
| Website | |
| Available in | English |
| URL | www.treasurydirect.gov |
| Commercial | No |
| Launched | 2002 |
TreasuryDirect is a website run by the Bureau of the Fiscal Service under the United States Department of the Treasury that allows US individual investors to purchase treasury securities, such as savings bonds, directly from the US government. It enables people to manage their investments online, including connecting their TreasuryDirect account to a bank account for deposits and withdrawals.
TreasuryDirect started in 1986 as a book entry system with business conducted over postal mail, as an alternative to purchasing securities as engraved paper certificates. The current online system launched in 2002.
According to a Treasury estimate issued in 2013, a replacement system known as the known as TRIM was expected to cost around $18 million to develop and implement, with implementation planned for April 2016.[1] Treasury officials stated in March 2022 that TRIM/MyTreasury remains "a priority"[2] but no release date is known. A June 2023 update pointed to ongoing challenges related to delivery of core functionality, coding, defects, testing, and environments as the reason for the project's delays and inability to update the project schedule.[3]
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