{"data":{"id":"us/31-cfr-363.40","jurisdiction":"us","citation":"31 CFR 363.40","heading":"How are payments of principal and interest made?","body":"(a) Payment of a savings bond that has reached final maturity. We will purchase a zero-percent certificate of indebtedness in your TreasuryDirect ® account using the proceeds of a matured savings bond.\n(b) Payments of interest and principal (except a savings bond that has reached final maturity). (1) We provide two methods of receiving payments of principal and interest:\n(i) Payment to your account at a financial institution by the ACH method, or\n(ii) Payment to your TreasuryDirect account to purchase a zero-percent certificate of indebtedness.\n(2) You may select different payment destinations for principal and interest for a marketable Treasury security. You may change your payment destination at any time, unless the security is in the closed book period. (See § 363.210.)\n(3) If we are unable to deliver a payment, we will use the payment to purchase a zero-percent certificate of indebtedness in your TreasuryDirect account.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE","PART 363—REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT","Subpart B—General Provisions Governing Securities Held in TreasuryDirect"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"79997b1fc53c2516ec59dba3fc1bc477d9d5493c3a4f56c2e5abcbc2931d34fb","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-363.39","next":"us/31-cfr-363.41"},"notice":"GroundRules: Original legal text. Not legal advice."}