Federal Investments Program FAQ
- What is FedInvest?
- Where can I find official guidance for the Federal Investment program?
- How do I update my contact information?
- What are the deadlines for submitting investment/redemption requests?
- What is the minimum amount I can invest?
- How do I find a list of available market based securities to choose from?
- How can I see Today's Overnight rate?
- What do I do if I can't log on to FedInvest?
- What is a buy?
- What is a sell?
- What is a matu?
- What is an Int?
- What is an Int-?
- How can I see today's prices?
- Are historical prices available?
- How do I convert the price for a bill to a discount rate?
- How do I know that my transactions were processed?
- How do I receive e-mail notifications to confirm my transactions?
What is FedInvest?
FedInvest is the on-line system that allows most federal agencies to initiate transactions in Government Account Series securities in a browser-based environment without the need to fax in an investment request. Anyone may view this website, but on-line users must be granted access to the system to submit transaction requests or review reports.
Where can I find official guidance for the Federal Investment program?
On this website, there's a page for New Customer Information that may help. Also, the Federal Investments Online Library provides more information about the different types of securities available to our customers.
How do I update my contact information?
Simply log on to FedInvest and click on the “Manage My Profile” button under the User Profile Management section. Click “edit” to update your information.
What are the deadlines for submitting investment/redemption requests?
Government agencies have the opportunity to submit their investment requests on-line using our FedInvest website. Deadlines are as follows:
- 11:00 a.m. ET for zero coupon bonds
- 3:00 p.m. ET for all other transactions
Special issue redemptions will be processed after 3pm.
If you have not signed up to use our FedInvest website, please contact us.
What is the minimum amount I can invest?
Following are the general minimum investment amount guidelines:
- Market based bills, notes, and bonds can be invested to the penny
- $1,000 for special issue securities
- $50,000,000 for initial market based zero coupon bond investments with subsequent minimums of $1,000,000
How do I find a list of available market based securities to choose from?
All available market based securities are listed on our FedInvest website. Daily listings can be found in trade publications or periodicals, which carry daily market quotes.
How can I see Today's Overnight rate?
Today's Overnight rate is available on the FedInvest home page by clicking on the “Overnight Rates“ link near the top of the page.
What do I do if I can't log on to FedInvest?
What is a buy?
It's an investment.
What is a sell?
It's a redemption.
What is a matu?
It's a maturity.
What is an Int?
It's an interest payment to you.
What is an Int-?
It's an interest adjustment returning interest to Treasury.
How can I see today's prices?
To view current prices for federal investments, go to the FedInvest home page and click the “Today's Prices” link on the right hand side of the screen, or from the FedInvestGateway page select the “Today’s Prices” tab at the top of the screen. Prices are usually not available until after 1 pm ET for each investment day.
Are historical prices available?
Yes, historical prices are available on FedInvest. Simply go to the FedInvest home page and click the “Historical Prices” link on the right hand side of the screen, or from the FedInvestGateway page select the “Historical Prices” tab at the top of the screen.
How do I convert the price for a bill to a discount rate?
D = ((100-p)/100) * (360/r)
p = price
D = discount rate
r = number of days remaining to maturity
How do I know that my transactions were processed?
Log on to the FedInvest application and click the “View Transactions” link. Select your account fund symbol and memo number you would like to see, and click “view”.
If you don’t know the memo number, you can click the “Search Transactions” link. Select your account fund symbol and select the date range, historical date, or postdated options to find your transactions.
For transactions that have not yet been completed, the Confirmation number instead of the Memo number will be displayed. Also, you may select an option under “Manage My Profiile” to automatically e-mail your notification to you.
How do I receive e-mail notifications to confirm my transactions?
To receive e-mail notifications from the FedInvest system, you will need to update your profile. There are several different notifications that are available, so each user will need to select the e-mail options that pertain to them. These options are found in the “Manage my Profile” section of FedInvest by clicking on “Notifications”.