How to Buy Treasury Bonds Online — Step by Step

Why Treasury Bonds?

Treasury bonds are among the safest financial instruments in Poland. They are guaranteed by the State Treasury, available to everyone, and offer interest rates often exceeding bank deposits — especially in inflation-indexed variants.

Types of Savings Bonds

Short-term bonds

• OTS (3-month) — fixed interest rate, ideal for "parking" cash
• DOS (2-year) — fixed interest rate, higher than OTS

Medium and long-term bonds

• TOZ (3-year) — variable interest rate based on WIBOR 6M
• COI (4-year) — inflation-indexed + margin (e.g., inflation + 1%)
• EDO (10-year) — inflation-indexed + higher margin (e.g., inflation + 1.5%)

Family bonds

• ROS (6-year) and ROD (12-year) — available exclusively for 800+ program beneficiaries, highest interest rates

Step by Step: Purchase Through obligacjeskarbowe.pl

Step 1: Create Account

1. Go to obligacjeskarbowe.pl
2. Click "Register"
3. Fill out the form — you'll need:
   • PESEL
   • Identity document (ID or passport)
   • Bank account number (for payouts)
   • Email address and phone number
4. Confirm identity — you can do this online through electronic banking or at PKO BP / Pekao Brokerage House

Step 2: Log In

After account activation, log in to the platform. You'll receive login and password — change the password on first login.

Step 3: Choose Bonds

1. Go to "Offer" tab
2. Select bond type (e.g., EDO0236 — 10-year with maturity in 2036)
3. Check current interest rate and conditions

Step 4: Place Purchase Order

1. Enter number of bonds (minimum amount: 100 PLN = 1 bond)
2. Choose funding source — transfer or account funds
3. Confirm transaction with SMS code

Step 5: Pay for Purchase

If you chose transfer — execute it to the indicated account. You have time until the end of the sale period for the given issue (usually the entire month).

Step 6: Done!

Bonds will appear in your account on the issue date (usually 1st day of the next month).

How Much Can You Invest?

• Minimum: 100 PLN (1 bond)
• Maximum: no limit for most series
• Nominal value of one bond is 100 PLN

Costs and Fees

• Purchase: no commission
• Early redemption: fee 0.50-2 PLN per bond (depending on type)
• Maturity redemption: no fees
• Account maintenance: free

Belka Tax

Interest from bonds is subject to capital gains tax (19%). Tax is collected automatically — you don't need to settle it yourself.

Which Bond to Choose?

Fear inflation → COI or EDO

Interest rate grows with inflation. EDO provides higher margin but ties money for 10 years.

Want short-term security → OTS or DOS

Fixed interest rate, short term, complete predictability.

Have 800+ → ROS or ROD

Highest interest rates on the savings bond market.

Ladder strategy

Buy different bond series each month. This way a different series matures each month — you have regular access to cash.

Bonds vs Deposits

Common Mistakes

1. Buying only OTS — lowest interest rate, doesn't protect against inflation
2. Ignoring family bonds — if you have 800+, it's the best product on market
3. Panic about early redemption — fee is small, don't be afraid of it
4. Lack of diversification — bonds are part of portfolio, not entire portfolio

How Freenance Can Help

Treasury bonds are the foundation of the safe part of your portfolio. Freenance will help you:

• Track bond value alongside other assets — stocks, ETFs, deposits
• Monitor maturity dates of individual series
• Calculate real return after accounting for inflation and tax
• Plan ladder strategy and see when individual series mature

👉 Manage bond portfolio and entire finances with Freenance