Treasury I Bonds are debt instruments sold by the government whose maturity period will be usually more than 10 years. In the Treasury I Bonds, the main feature is that the interests are paid semi annually to the investors and is exempted from tax. There will be a minimum and a maximum amount to be deposited in the Treasury I Bonds and will be announced during the sale of the bonds. In the earlier years, these types of bonds were sol through auction but now there are several retail outlets including banks, internet etc to sell these bonds to the customers. Treasury I Bonds offer a fixed rate of interest and even the inflation premium is calculated and given during the maturity of the bond. The auction method of issuing bonds involves a competitive bid where the bid is close to the set value of the sales of the bond and a non competitive rate is one where the investor has to accept to the fixed price of the bond. Mostly the Treasury I Bonds are sold in the secondary market and the main feature of these bonds are the manner in which hedging of inflation is done and the  premium is paid to the investor based upon the inflation and purchasing power of the principal in the market. Considering the advantages of I Bonds, they offer a more interest rate and return when compared to the bank saving accounts and there is tax exemption for the investors investing in Treasury I Bonds. The investor has the choice of choosing the investment amount within the limits specified by the governing authority issuing these types of bonds. Also the menace of brokers in investments is growing considerably and there is a huge chunk of amount given as commission to these brokers as a brokerage fee for investments which is charged to the investors. In the case of Treasury I Bonds, there will be no brokers and the investors directly deal with the bond issuing authority and the brokerage fee is cut here. Above all, most of the investors prefer the Treasury I Bonds for their consistency and reliability and the investors will feel safe about their savings and deposits in these types of bonds and also there is no threat to the invested amount and the return is assured in all economic conditions with the strong support and backing of the government behind investing in these types of bonds.