US Banks to Stop Buying US Savings Bonds and Notes, Citing Low Interest Rates

Summary

The US Department of the Treasury announced that banks and other financial institutions will no longer purchase US savings bonds and notes, citing low interest rates and the impact on their investment portfolios

Original source language: Federal Register — Department of the TreasuryOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Global Markets News Central Bank Policy News Trade Regulation News Business Technology News Fintech for Business: Payments & Banking News Supply Chain News

Related business signals

Finance & markets · 10/5/2026

U.S. Immigration and Customs Enforcement to Pay 3% Interest on Cash Deposits for Immigration Bonds

Starting October 1, 2026, and ending January 31, 2027, the U.S. Immigration and Customs Enforcement will pay 3% interest annually on cash deposits made to secure immigration bonds.

Read summary →

Finance & markets · 10/2/2026

Department of the Treasury Submits Information Collection Requests for OMB Review and Clearance

The Department of the Treasury is seeking public comment on multiple information collection requests, which will be submitted to the Office of Management and Budget for review and clearance, in accordance with the Paperwork Reduction Act of 1995.

Read summary →

Finance & markets · 10/13/2026

U.S. Department of the Treasury Publishes Venezuela Sanctions Regulations Web General License 60

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a general license (GL 60) related to Venezuela sanctions, previously made available on their website.

Read summary →

Finance & markets · 10/13/2026

U.S. Treasury Publishes Iran-Related Sector Determination

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a sector determination related to Iran, as mandated by an Executive Order issued on January 10, 2020, previously posted on OFAC's website.

Read summary →

Finance & markets · 10/9/2026

Department of the Treasury Invites Comment on Proposed Information Collection: Information-Sharing Initiative: Digital Assets Criteria Form

The Department of the Treasury invites the general public and other federal agencies to comment on the proposed information collection, Information-Sharing Initiative: Digital Assets Criteria Form, in accordance with the Paperwork Reduction Act of 1995.

Read summary →

Finance & markets · 10/8/2026

OFAC Sanctions Actions Update

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of individuals whose assets have been unfrozen and those removed from the Specially Designated Nationals and Blocked Persons List (SDN List), as well as updates to the identifying information of individuals or properties still blocked on the list.

Read summary →