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  <FDSYS>
    <CFRTITLE>31</CFRTITLE>
    <CFRTITLETEXT>Money and Finance: Treasury</CFRTITLETEXT>
    <VOL>2</VOL>
    <DATE>2009-07-01</DATE>
    <ORIGINALDATE>2009-07-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>How is payment made for purchases of book-entry Series I savings bonds?</TITLE>
    <GRANULENUM>359.47</GRANULENUM>
    <HEADING>Section 359.47</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 31" SEQ="5">Money and Finance: Treasury</PARENT>
      <PARENT HEADING="Subtitle B" SEQ="4">Regulations Relating to Money and Finance (Continued)</PARENT>
      <PARENT HEADING="CHAPTER II" SEQ="3">FISCAL SERVICE, DEPARTMENT OF THE TREASURY</PARENT>
      <PARENT HEADING="SUBCHAPTER B" SEQ="2">BUREAU OF THE PUBLIC DEBT</PARENT>
      <PARENT HEADING="PART 359" SEQ="1">OFFERING OF UNITED STATES SAVINGS BONDS, SERIES I</PARENT>
      <PARENT HEADING="Subpart C" SEQ="0">Book-Entry Series I Savings Bonds</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 359.47</SECTNO>
    <SUBJECT>How is payment made for purchases of book-entry Series I savings bonds?</SUBJECT>
    <P>You may only purchase book-entry Series I savings bonds online through your New Treasury Direct account. You may pay for your securities through a debit to your designated account at a United States depository financial institution, or by applying the redemption proceeds of a certificate of indebtedness held in your New Treasury Direct account.</P>
    <CITA>[69 FR 50308, Aug. 16, 2004]</CITA>
  </SECTION>
</CFRGRANULE>
