Selling Treasury Bills, Notes, Bonds, or TIPS
You can hold Treasury bills, notes, bonds, or TIPS until they mature, or sell them before they mature. How you sell a security depends on whether it is held in TreasuryDirect or Legacy Treasury Direct.
TreasuryDirect
To sell Treasury bills, notes, bonds, or TIPS before they mature
- Log in to your account
- Choose the Sell Direct function
- Provide all requested information
We send your request to the Federal Reserve Bank of Chicago, which offers your security to different brokers, selling it to the highest bidder.
We deposit the sale proceeds, minus a $45 fee, into the bank account or Certificate of Indebtedness (C of I) you designate.
Legacy Treasury Direct
To sell Treasury bills, notes, bonds, or TIPS before they mature, download the form "Sell Direct Request" (PD F 5179-1), sign it in the presence of an authorized certifying officer, and send it to:
Federal Reserve Bank of Chicago
Investment Division for Sell Direct
230 S. LaSalle St.
Chicago, IL 60604
FRB Chicago will offer your security to different brokers and sell it to the highest bidder. We deposit the sale proceeds, less a $45 fee, into your bank account.
