Learn More About Reinvesting Maturing Proceeds
TreasuryDirect makes using repeat purchase schedules the easiest way to reinvest in Treasury Bills.
Use the following steps when you make your initial purchase to reinvest your maturing proceeds.
- Select Bills as your security type through Buy Direct.
- Complete the registration and purchase information requested.
- Select the "Schedule Repeat Purchases" option, and then choose the number of repeat purchases and their frequency. Use this table to make sure your product term corresponds with how often you want to schedule your repeat purchases:
| If you’re purchasing a…. | Then select… |
| 4-week bill | Monthly as your purchase frequency |
| 13-week bill | Quarterly as your purchase frequency |
| 26-week bill | Semi-annually as your purchase frequency |
| 52-week bill | Annually as your purchase frequency |
- Select Zero-Percent C of I as the source of funds for future purchases. The purchase limit of $5 million per marketable security type does not apply.
- Select Zero-Percent C of I as the maturity payment destination.
TreasuryDirect does the rest! Once your initial investment matures and is paid to your Zero-Percent C of I, your purchase schedule will automatically reinvest your funds.
To reinvest the funds from a maturing Treasury Note, Bond, or TIPS, or to reinvest the funds from a maturing Bill that has no scheduled repeat purchases, use the following steps at least one week before the security's maturity date.
- Select your security type through Buy Direct.
- Complete the registration and purchase information requested. The source of funds for your reinvestment must be your Zero-Percent C of I. The purchase limit of $5 million per marketable security type does not apply.
- Schedule your purchase date to correspond to an auction that will occur immediately prior to the payment date for the maturing security you wish to reinvest and click "Select".
- Make sure that your maturing security's payment destination is your Zero-Percent C of I. (You can check this by going to the Current Holdings Detail page for that security).
Once your previous investment matures and is paid to your Zero-Percent C of I, your money will be automatically reinvested.
You may also invest the funds from maturing marketable Treasury securities using the instructions above and substituting your financial institution information for your Zero-Percent C of I. When using your financial institution as your source of funds, the purchase limit of $5 million per marketable security type applies.