You can hold a Treasury marketable security until it matures or sell it before it matures.
To sell a Treasury marketable security, you must work through a bank, broker, or dealer.
Your first step depends on where your security is held.
| If your Treasury marketable security is here | do this to sell it before it matures |
|---|---|
| with a bank, broker, or dealer | contact that bank, broker, or dealer |
| in TreasuryDirect or Legacy Treasury Direct | transfer the security to a bank, broker, or dealer (to the commercial book-entry system) |
TreasuryDirect: Selling a security
In Treasury Direct, when you buy a Treasury marketable security, you must hold it in your TreasuryDirect account for 45 days before selling or transferring it.
This means you can’t sell or transfer a 4-week bill from TreasuryDirect because it matures in less than 45 days.
This hold also applies to a reinvestment when new funds are added to pay for the new security.
To sell a security that is in a TreasuryDirect account:
- Go to our page on Transferring from one system to another.
- Go to the section on TreasuryDirect to the commercial book-entry system.
Legacy Treasury Direct: Selling a security
Note: All securities in Legacy Treasury Direct are beyond the 45-day hold.
To sell a security that is in a Legacy Treasury Direct account:
- Go to our page on Transferring from one system to another.
- Go to the section on Legacy Treasury Direct to the commercial book-entry system.
