Ask Terry Questions 6 month T bill early redemption

6 month T bill early redemption

By Terry Savage on November 01, 2023 | Chicken Money

I have a 6 month T bill maturing on November 18, 2023. Can I redeem this early and what is my process for doing it. I purchased thru Treasury Direct. If I am able to do this how long would the process be.

Terry Says

No, you can’t get at your money until the T-bill matures. Then, unless you have specified an automatic renewal at maturity, the money will drop back into your linked bank account (where it came out of when you purchased it).
To see whether you chose a renewal (and to alter that choice) log into your TreasuryDirect account and click on “holdings”. You’ll find the list of your T-bills and maturity dates there, as well as your instructions for rollovers at maturity.



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