what is treasurydirect 
treasurydirect is the online platform through which investors can purchase federal government securities directly from the u s treasury understanding treasurydirecttreasurydirect sells treasury bills notes bonds treasury inflation protected securities tips and savings bonds all of which are backed by the full faith and credit of the u s government and are used to finance the federal debt 3the treasurydirect website is the main portal through which the u s treasury sells its securities in effect treasurydirect is the only way investors can purchase and redeem treasury securities directly from the government in paperless electronic form through the website money can be deposited from and withdrawn to personal bank accounts and repurchase of securities can be rolled over as currently held securities mature the types of treasury securities available through treasurydirect include the treasurydirect trading system eliminates banks brokers and dealers as middlemen saving investors money on commissions and fees the minimum required investment in the treasurydirect market10treasury securities are sold through an auction process which establishes a security s rate and yield investors can place either competitive or non competitive bids competitive bidders specify the rate yield or discount margin that they will accept non competitive bidders agree to accept the rate yield or discount margin that the auction establishes 1at the auction s close the treasury first issues securities to all non competitive bidders then to competitive bidders from lowest to the highest bid until it has issued the total amount of securities provided for by that auction all accepted bidders receive the terms of the highest accepted offer the minimum required investment in the treasurydirect market is 100 10