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Selling Treasury Bills, Notes, Bonds, or TIPS

You can hold Treasury bills, notes, bonds, or TIPS until they mature, or sell them before they mature.

To sell a Treasury bill, note, bond, or TIPS held in TreasuryDirect or Legacy Treasury Direct, first transfer the security to a bank, broker, or dealer, then ask the bank, broker, or dealer to sell it for you. (NOTE: Legacy Treasury Direct is being phased out.)

How you transfer a security to a bank, broker, or dealer depends on whether you hold the security in TreasuryDirect or Legacy Treasury Direct.

  • For a security held in TreasuryDirect:
    • Go to "Manage Direct"
    • Choose "Transfer securities"
    • Identify the security or securities you want to transfer
    • Choose "External Transfer"
    • Click the link for the form PD F 5511, "TreasuryDirect Transfer Request"
    • Complete PD F 5511 and mail it to us as directed on the form
  • For a security held in Legacy Treasury Direct, complete "Security Transfer Request" (PD F 5179) and mail it to us as directed on the form

NOTE: We no longer offer SellDirect, a service where we sold securities on behalf of TreasuryDirect and Legacy Treasury Direct customers.