T-Bills — if rates move higher, can I switch?
I purchased T-Bills in November 2022 at 4.4% for 6 months . Can I switch them over to the 4.9% now or do I have to wait until my 6 months are over with and that will be on May 1 2023 Thank you for always being there for me
Terry Says
No, you can’t switch. You have to wait until they mature to reinvest. But if you have extra cash sitting around, you could buy more at the next auction. There is no limit on T-bill purchases.
