Re: Buying government bonds as gifts
Paper bonds are not purchased through Treasury Direct, TD is used for online holdings.
Just go to your bank and ask for the form, fill it out and give it to the teller. They send it to the Treasury and you get the I or EE bonds in the mail within a few weeks.
Your account is debited for the amount of the bond.
Right now I would not buy either the EE or the I, rates are not in line with other bonds. You can wait until November 1 when the rates change and then see where they are.
If you decide to use Treasury Direct and purchase online Treasury Bills are a better deal than EE or I bonds.