How to Sell Treasury Reserves
- 1). Open an investing account with a brokerage firm, bank or other financial institution that will handle your Treasury reserves and sell them on the secondary investment market.
- 2). Log in to your TreasuryDirect account. Treasury reserve securities, including Treasury bills, Treasury notes and Treasury Inflated-Protected Securities, or TIPS, are sold at auction directly from the U.S. Department of the Treasury to individual investors; records of these securities are held in the electronic TreasuryDirect system.
- 3). Transfer your Treasury security to your brokerage firm or financial institution of choice. Choose "Manage Direct" from the list of menu options in your TreasuryDirect account and select "Transfer Securities." Select which T-bills or notes you wish to transfer from the list that appears, and choose the option titled "External Transfer."
- 4). Download and complete Form 5511, "TreasuryDirect Transfer Request," available through TreasuryDirect. This form requires identification regarding your investment account, including the applicable routing number and contact information. Mail the form back to TreasuryDirect for processing.
- 5). Pay all fees charged by your security broker associated with the sale of your Treasury reserves on the open market. Reserve banks, brokerage firms or any other dealers of Treasury securities will charge a small fee for processing the sale of your investment.
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