UsSavingsBonds
The United States Government offers Treasury Securities to the public. These
are the debt financing instruments of the federal government
and are often referred to simply as Treasuries. There are
4 types of securities available; they are Treasury bills,
Treasury notes, Treasury bonds, and Savings bonds. 3 of the
4 types of treasuries are very liquid with the exception of
the US Savings Bond.
Savings bonds are for the individual investor. They are offered
by the Federal Government in the form of paper, although recently
they have begun to offer electronic savings bonds as well.
They are non-transferable (unless the taxes have been paid
on accrued interest) and after they mature can be cashed in
for the full amount of the note. The interest does not have
to be reported to the IRS until the bond has matured.
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