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Commercial Book-Entry System

The Commercial Book-Entry System is the place where banks, brokers, and other investors buy their Treasury Bills, Notes, Bonds and TIPS. Individuals who purchase their securities through these entities can hold their securities here, too.

Before You Begin

Familiarize Yourself With Our Rules

Auction Information and Rates

Agreements

Programs Unique to Commercial Book-Entry
  • STRIPS
    How you can separate your principal and interest payments to make new securities

  • BECCS and CUBES
    For paper certificates you want to make book-entry

  • Collateral
    Information for participants in Treasury collateral programs

Fees