ELI5: Explain Like I'm 5

TreasuryDirect

TreasuryDirect is like a piggy bank where the government keeps its money safe. And just like you can put your allowance in your piggy bank, people can buy government bonds and put their money in TreasuryDirect too. By buying bonds, people are lending the government money, and in return, the government promises to pay them back with interest.

But instead of physically giving people a piece of paper to show they own a bond, like your allowance in your piggy bank, TreasuryDirect is all online. People can buy, manage and redeem their bonds right from their computer. It's a convenient way for people to invest in the government, and for the government to manage its finances and keep them secure.
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