And..Do you want to sell a Treasury security prior to its maturity? TreasuryDirect can help you do it, quickly and easily. You may sell 13-Week, 26-Week, and 52-Week Bills, as well as Notes, Bonds, and TIPS simply by selecting a single security or multiple securities in SellDirect. Choose to sell a portion or the full amount of a security for a single transaction. Multiple sales are available by selecting up to 50 securities in one transaction with the proceeds deposited to one payment destination. The full amount of each security must be sold when you sell multiple securities. All sales must be in increments of $100. Just provide your payment destination and TreasuryDirect does the rest!
So, I if I were to sell 10K of LT bonds the cost would be $450.00? This seems excessive. Am I understanding this correctly?TreasuryDirect submits all your sale requests to the Federal Reserve Bank (FRB) of Chicago (a fiscal agent of the U.S. Treasury). By submitting a SellDirect request, you authorize FRB Chicago to sell the security, and to charge you a transaction fee of $45.00 for each security. This fee is automatically deducted from the proceeds of the sale before deposit to your designated payment destination.
TIA,
Selfreliance