Treasury Bills
November 8, 2004 — Treasury bills, like other marketable Treasury securities, are debt obligations of the U.S. Government and are backed by the Government's full faith and credit. A bill is a short-term investment issued for a year or less. Investors buy bills at a discount from par (or "face") value. The difference between the purchase price and what the investor receives at maturity is interest.
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New Savings Bonds Rates Now Available
November 1, 2004 — New savings bond rates are now posted on our website. A Series EE or I Bond purchased from November 2004 through April 2005 earns interest at the new rates during the bond's first six months. To see the interest rate for bonds you bought before November 2004, use our Savings Bond Calculator.
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Total Public Debt Outstanding vs Debt Subject to Limit
November 8, 2004 — What is the difference between the total public debt outstanding and the total public debt subject to limit?
Treasury Suspends Sales Of State And Local Government Series Securities
October 14, 2004 — The Treasury Department announced the suspension of sales of State and Local Government series (SLGS) nonmarketable Treasury securities until further notice, effective as of 3:00 p.m., Eastern Daylight Time today, October 14, 2004. This suspension is necessary because the statutory debt ceiling has not been raised. The suspension will facilitate Treasury's managing debt subject to limit.