T-Bill Maturity
I’ve tried to get this question answered by treasurydirect.gov with no results.
“When your T- Bill has matured are you notified by treasury direct and if so by what means.” Thanks for your help.
Terry Says
Read this: https://www.terrysavage.com/t-bills-beat-cds/
Two things can happen at maturity:
1. When you purchased or anyway a week before they mature, you can use “manage direct” in your Treasury Direct account to specify that you want the bills to “renew” at whatever the rate is then. They keep your money, but the interest drops into your account the day of the auction.
2. You just let the T-bill mature, and all the money drops into your account in the next few days.
