The information presented on this page is intended for educational purposes only. BW, Inc. does not provide advisory or brokerage services, nor does it endorse or recommend specific stocks, securities, or other investments.
Where can I purchase T-bills?
You have the option to buy Treasury bills directly from the government at TreasuryDirect.gov or through a brokerage or bank account. T-bills are only available in electronic form.
Certain online brokers offer individual T-bill purchases, while others provide Treasury accounts that handle the buying, holding until maturity, and reinvesting of profits for you.
How do I begin?
To start purchasing T-bills from TreasuryDirect or a financial institution, you will need to create an account and link your bank for payment processing.
Next, you should choose the maturity length of the T-bill you wish to buy.
The government offers T-bills with maturities of four, six, eight, 13, 17, 26, or 52 weeks. Some brokers may have all options available, while others may offer only certain terms.
T-bills are typically sold at a discount to their face value, and the discount determines the yield you will earn upon holding the bill until maturity.
TreasuryDirect.gov conducts online auctions for Treasury bills, with a minimum bid requirement of $100. Brokerages may have varying minimum bid amounts based on the account type.
T-bills are considered a secure short-term investment due to their backing by the U.S. government and guarantee of full payout upon holding until maturity.
Investors can also indirectly invest in T-bills through Treasury ETFs or mutual funds.