# Regulations Governing Treasury Securities, New Treasury Direct System
> **Fiscal Service** · Final rule. · Published 2004-08-16 · Effective 2004-08-16 · 69 FR 50307
## Document
- **Document number:** 04-18763
- **Category:** other
- **Sub-agency:** Fiscal Service
- **Federal Register citation:** 69 FR 50307
- **CFR reference:** 31 CFR 351
- **Publication date:** 2004-08-16
- **Effective date:** 2004-08-16
## Abstract

New Treasury Direct (also referred to as TreasuryDirect) is a book-entry, online system for purchasing, holding and conducting transactions in Treasury securities. This rule describes a new security, the non-interest-bearing New Treasury Direct certificate of indebtedness (C of I), whose sole purpose is to permit investors to accumulate the purchase price of other eligible securities, currently Series I and Series EE U.S. Savings Bonds in New Treasury Direct. In addition, when the regulations for New Treasury Direct were first published, we delayed the effective date for certain provisions in the rule. The remaining provisions with delayed effective dates are hereby made effective upon publication of this rule.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2004/08/16/04-18763/regulations-governing-treasury-securities-new-treasury-direct-system)
---
*AI Analytics · CC0 1.0*