Minimum price for US Treasury securities: $100

The US Treasury Department has announced that it will offer its bills notes and "inflation-protected" securities in denominations as low as $100, beginning in April. (Previously, the minimum was $1,000).

According to the Treasury press release:

"'U.S. Treasury securities, the world's safest, most liquid investments, should be accessible to the broadest universe of investors- large and small. The new, lower minimum Treasury amount will put marketable securities within reach of more savers and investors in the United States and around the world,' said Anthony Ryan, Assistant Secretary of the Treasury for Financial
Markets. "

Ah yes ... "backed by the 'full faith and credit' of the United States." The Chinese, Arab oil sheiks, and Europeans used to think that. Now that foreign investors are switching from dollars to euros, the governmental entity that is $9,392,204,908,953.75 in debt* will just have to bilk its own people.

* As of March 20 (source)