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U.S Treasury Bonds - Best/Safest Places to buy

I wanted to buy U.S treasuries direct from the U.S government (via https://www.treasurydirect.gov ) but as far as I can see this is not possible for non U.S citizens.

Does anyone have any recommendations for places where UK citizens can buy I.S treasury bills, from a safe institution?

Comments

  • tradetime
    tradetime Posts: 3,200 Forumite
    Easiest way to do that is probably through a Bond ETF, such as the ones provided by iShares.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • purch
    purch Posts: 9,865 Forumite
    edited 29 October 2009 at 7:59PM
    What are you looking at.

    Bills, Notes of Bonds ?

    They are all tradeable instruments, but you would need to use a broker that has access to the U.S. Bond market.

    Try someone like Charles Schwab Global

    http://www.schwab-global.com/public/schwab-gcb-en/index.html?cmsid=P-879076&pg=P-1125780

    or Interactive Brokers

    http://www.interactivebrokers.com/en/main.php













    P.S. They yield next to nothing, and are issued by a bankrupt nation.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • chrisweb
    chrisweb Posts: 83 Forumite
    tradetime wrote: »
    Easiest way to do that is probably through a Bond ETF, such as the ones provided by iShares.
    I'd prefer to stay away from ETFs, I think a 100% U.S treasury mutual fund would be better, or ideally own the bond as direct as possible.
  • tradetime
    tradetime Posts: 3,200 Forumite
    chrisweb wrote: »
    I'd prefer to stay away from ETFs, I think a 100% U.S treasury mutual fund would be better, or ideally own the bond as direct as possible.
    Fair enough, as Purch says then, you need a broker as listed in his post. I don't invest in bonds directly but I know Interactive Brokers provides access to the US bond markets. They can be a bit funny about you investment experience lately, all this government intervention in their business.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • Thanks guys I'm looking into those options. Any other recommendations?

    I think a 100% U.S treasury bill mutural fund like this one would be great, but one that allows UK customers.
  • turbobob
    turbobob Posts: 1,500 Forumite
    What was the reason for ruling out ETF's? The fund IBTS exclusively invests in short term treasury bonds for example. I don't know if US mutual funds are accessible to people in the UK..
  • LeeSouthEast
    LeeSouthEast Posts: 3,822 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    USD going down the pan in the not too distant future. Not a wise investment (IMO)
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009 :j
    Do something amazing. GIVE BLOOD.
  • tradetime
    tradetime Posts: 3,200 Forumite
    USD going down the pan in the not too distant future. Not a wise investment (IMO)

    That gets touted a lot, and for all I know it may well be true, but I'd be happy to bet that if it does happen Sterling and anything Sterling related will be heading down the pan well ahead of it.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • LeeSouthEast
    LeeSouthEast Posts: 3,822 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    I can't for the life of me find the link now, but I'll keep searching. The general consensus was (as much as I hate to say it) the Euro will be the new USD in terms of reserve currency.
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009 :j
    Do something amazing. GIVE BLOOD.
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