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Treasury Lowers Minimum Bond Price


Heather said: "With all the flux going on in the financial markets, it comes as no surprise to learn the Fed decided to lower the price of a Treasury bond to $100.00 - down from the earlier minimum of $1000.00. They're hoping this will stimulate smaller investors to invest in them. "The new, lower minimum Treasury amount will put marketable securities within reach of more savers and investors in the United States and around the world," said Anthony Ryan, Assistant Secretary of the Treasury for Financial Markets. April 7, 2008 is the first day they'll be available to the public. Just thought I'd give a heads up to interested parties!"

pranith said: "This is an great news for the smaller investers those who want to invest in treasury and even know students can also invest with this lower minimum."

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