Hm, I should check my inbox more often
I finally logged in to my TreasuryDirect account in order to schedule a purchase, and discovered that I had a notification waiting for me there.
It said, “Treasury is now offering marketable securities at a lower minimum. Treasury Bills, Notes, Bonds and TIPS can now be purchased in TreasuryDirect for a minimum of $100 and in multiples of $100.”
That’s pretty cool, since previously you had to purchase things like that in multiples of $1,000 instead of $100. I wonder what the reason for the drop is though?
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May 11th, 2008 at 10:22 am
The government needs to loan itself more money, so lowering the limit should
bring in more investors to feed its lust for more moolah. ;-)