Dolmar has some good information about buying Federal Home Loan Discount Notes in the Treasury Bill thread December 16th et seq.

You can buy any agency/gse bond at Fidelity for free as long as you buy it at issue.

If you buy it after it's issued, its $1.00 per bond.

1ofushere said:From the Fidelity web site here or at http://personal.fidelity.com/products/fixedincome/ :

"For all fixed income transactions a $19.95 minimum and a $500 maximum charge will apply. The maximum charge will be reduced to $50 for securities with a maturity date of one year or less. Minimum and maximum charges are the same regardless of channel (online, phone or branch representative)."
I buy t-bills at issue from Fidelity every week. I never pay a transaction fee. If you call one of their reps, they'll tell you that there is also no transaction fee for buying muni, agency/gse, or corporate bonds at issue.

Does anyone out there have experience with Zions Direct for purchasing bonds?
They have a $10.95 flat commission per transaction. And the offered bond Yield To Maturities (YTM) don't seem unduly lower (to otherwise hide a high markup). The thing about purchasing bonds is that you have to look at the commission and also the final YTM to make sure you're not being charged a lot.
http://www.zionsbank.com/zd_bonds_less.jsp

pennybags said:Does anyone out there have experience with Zions Direct for purchasing bonds?
They have a $10.95 flat commission per transaction. And the offered bond Yield To Maturities (YTM) don't seem unduly lower (to otherwise hide a high markup). The thing about purchasing bonds is that you have to look at the commission and also the final YTM to make sure you're not being charged a lot.
http://www.zionsbank.com/zd_bonds_less.jsp
pennybags,

I have no experiences to share re: bond trading with Zionsbank. But, I do applaud your posting of this resource to assist FW readers in 'getting a handle' on the Agencies and longer term Treasury notes and bonds market.

If the yield curve does keep moving in the direction toward the "normal" historical shape of higher yields with extending maturities, I do expect this FW topic will get much more readership. In fact, one could make an argument that the agency paper which is exempt from state and local income taxes as are Treasuries, is more attractive now than the 26 week T-bills at auction.

Hopefully, FW members will add to this topic's shared resources.

If you're wondering where your 1099-INT is (because it's not on the TreasuryDirect web site yet), here's their answer:

Hi,

The 1099-INT is not available at this time. It will be available before the end of January. You will receive an e-mail notification and an Investor InBox message when the tax information is available. At that time the message that it will be available will be a link that you can click on to print the form.

Debra J. Beck
Customer Service Specialist

Investment Resources desired -

Although FW readers will find many posts in this topic re: US Public Debt auctions, there are indeed federal agencies that are raising funds as well. For an example, go to the Fidelity web site here or http://fixedincome.fidelity.com/fi/FICorpNotesDisplay?name=FANNIE&refpr=obrfind9 to see some new issue agency offerings. My understanding is that Fidelity does not charge any fee or commission if these > new issues < are bought through Fidelity.

As one can see, for high state income tax payers, there are some issues ( those that are state income tax free ) available which can be considered as an alternative to the currently available 3 yr and + CD 6.25% APY at the Penfed Credit Union as mentioned in the FW topic here or at http://www.fatwallet.com/forums/messageview.php?catid=52&threadid=688552 .

I believe this FW 'Treasury notes and Agency/GSE' topic would benefit from the mentioning of tools and resources which can be used to see US federal agency - both new issues and secondary market items, and secondary market Treasury items which are available. I mentioned the Fidelity link above as it is the best available resource I am aware of at present. This resource was shared by a FW member in a different FW topic. I have no personal financial interest with Fidelity.

So I ask you - are you aware of any other web-based resource, available to individuals without the need of an account with the resource, where US federal agency and treasury issues can be viewed? If so, I ask you to consider sharing info for such resources in this topic to expand FW readers' awareness of such resources.

Thanks.

The Treasury has just announced the next auction of 2-year Notes on January 24th and 5-year Notes on January 25th, both to be issued on January 31st.

(The 20-year TIPS which are also to be issued January 31st will be auctioned on January 23rd. Will the price of these TIPS influence the price of the shorter term Notes?)

ThursdaysChild said:Since TIPS are a form of T-Note, I thought I'd post the auction news here also for this Thursday's auction of 10-Year TIPS. (Auction Thursday the 11th, issued Tuesday the 16th, issue date Monday the 15th which is a holiday)Forgot to post the results! Here they are:
10-YEAR NOTE 01-16-2007 01-15-2017 2.375 2.449 99.342280 912828GD6

Your 1099 might be available!

On your welcome page, go to your "Investor Inbox" to see if you have a message telling you the 1099 is available.

You'll be directed to Manage Direct, Manage Your Taxes, 2006 where you click on the link to the 1099. This is a combined document with 1099-INT and 1099-OID.

After you print it, go to the "Return" button at the bottom. If you use the back arrow, you'll leave your account.

NOTE: the 1099-INT is only for US Savings bonds, T Bills, T Notes, T Bonds and TIPS. "Interest earned on securities held in other securities systems is not included in this statement and will be provided in a separate statement."