CLARIFICATION.In a previous article about Treasury bonds (see "A Treasury Bond by Any Other Name," Moneywise, December 1999), we incorrectly stated the minimum denomination Denomination The stated value found on financial instruments. Notes: This term applies to most financial instruments with monetary values. The denomination for bonds and securities would be face value or par value. for Treasury bills, also called T-bills. These short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. government securities can be purchased for a minimum of $1,000 and mature in 13, 26 or 52 weeks. Also, you can buy Treasury bills, notes and bonds through TreasuryDirect, a book-entry system operated by the Bureau of Public Debt, which enables investors to purchase government securities without a broker or other intermediary Intermediary See: Financial intermediary intermediary See financial intermediary. . To find out more about the U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. , government securities and TreasuryDirect, log on to www. ustreas.gov. |
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