Selling T-Bills before maturity

notsheigetz · Post by **notsheigetz** » Sat May 04, 2013 4:10 pm

I got out of SHY and bought my own T-Bills for the cash portion of my PP lately (coupon - Fidelity). Something I haven't been able to figure out is if it will cost me if I sell them before maturity. Not that I intend to do it but I would just like to know if anyone can advise me.

Ad Orientem · Post by **Ad Orientem** » Sat May 04, 2013 7:13 pm

notsheigetz wrote: I got out of SHY and bought my own T-Bills for the cash portion of my PP lately (coupon - Fidelity). Something I haven't been able to figure out is if it will cost me if I sell them before maturity. Not that I intend to do it but I would just like to know if anyone can advise me.

Well there are going to be broker's fees at a minimum. I am not sure how liquid ultra-short term T Bills are. But I suppose that some mutual funds are always trading in them.

rickb · Post by **rickb** » Sat May 04, 2013 10:05 pm

Ad Orientem wrote:
notsheigetz wrote: I got out of SHY and bought my own T-Bills for the cash portion of my PP lately (coupon - Fidelity). Something I haven't been able to figure out is if it will cost me if I sell them before maturity. Not that I intend to do it but I would just like to know if anyone can advise me.
Well there are going to be broker's fees at a minimum. I am not sure how liquid ultra-short term T Bills are. But I suppose that some mutual funds are always trading in them.

Actually, I believe Fidelity and Vanguard both let you buy and sell aftermarket treasuries for free - and this would include T-bills. And, they're pretty much the definition of liquid.

Ad Orientem · Post by **Ad Orientem** » Sun May 05, 2013 12:53 am

rickb wrote:
Ad Orientem wrote:
notsheigetz wrote: I got out of SHY and bought my own T-Bills for the cash portion of my PP lately (coupon - Fidelity). Something I haven't been able to figure out is if it will cost me if I sell them before maturity. Not that I intend to do it but I would just like to know if anyone can advise me.
Well there are going to be broker's fees at a minimum. I am not sure how liquid ultra-short term T Bills are. But I suppose that some mutual funds are always trading in them.
Actually, I believe Fidelity and Vanguard both let you buy and sell aftermarket treasuries for free - and this would include T-bills. And, they're pretty much the definition of liquid.

I stand corrected.

notsheigetz · Post by **notsheigetz** » Mon May 06, 2013 4:56 pm

Thanks for the advice every one.

Selling T-Bills before maturity

Selling T-Bills before maturity

Re: Selling T-Bills before maturity

Re: Selling T-Bills before maturity

Re: Selling T-Bills before maturity

Re: Selling T-Bills before maturity