What is the SmartExchange conversion feature within TreasuryDirect?
The feature, called SmartExchange, enables holders of paper Series E, EE, or I savings bonds to trade them in for electronic securities of the same series and issue dates in a special Conversion Linked Account within their TreasuryDirect online account. TreasuryDirect accounts permit owners to purchase, manage, and redeem Treasury securities electronically – 24 hours a day, 7 days a week – through a secure Internet connection directly with the Treasury Department. Series EE and I savings bonds, Treasury bills, notes, bonds and inflation-protected securities are available for purchase through TreasuryDirect.
