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progree

(11,493 posts)
4. Dunno. I've bought some I bonds too at Treasury Direct. I haven't figured the auction thing
Tue Jun 18, 2024, 11:21 PM
Jun 2024

at Treasury Direct for T-bills, notes, or bonds. My impression is that auctions on Tbills are held often enough that one doesn't have to wait long (i.e. have idle money sitting around or earning less), but for longer maturity stuff, it can be a big wait for the next option. So I bought a TIPS a couple years ago with 5 years to maturity at Vanguard on the secondary market. But probably not a good way (Vanguard) to get short maturity stuff like Tbills.

mahatmakanejeeves, a frequent poster in this forum, seems to do this all the time:
https://www.democraticunderground.com/11215346#post2

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