The U.S. Department of the Treasury has made the move to all-electronic Treasury securities. While paper savings bonds are no longer sold at financial institutions, digital savings bonds can still be bought and cashed online at the Treasury Department's secure, web-based system—TreasuryDirect.
Your constituents may have questions about buying digital savings bonds or other Treasury securities. You'll find a number of helpful resources at the bottom of this page to help you respond to constituent inquiries.
Ending the sale of paper savings bonds will save taxpayers $120 million over the next five years. There are additional benefits to digital Treasury securities which you can share with your constituents. For example, digital savings bonds are: