What are the Important Dates?
– Tentative auction calendar: published quarterly on the first Wednesday of February, May, August, and November. – Annoucement date: when the announcement for a specific auction is made (a few days before the auction). – Auction date: when the price and rate of the bills are set (usually Monday for 91 and 182 day, and Tuesday for 28 day bills); one has to request the purchase prior to the auction. – Issue date: purchase price for the bill is due (usu. Thursdays of the auction week). – Maturity date: when you’ll receive the purchase price plus interest back. – End of original issue holding period: when you may sell or transfer a bill out of TreasuryDirect (45 days from issue, or the maturity date for 28 day bills).
