What happens if I don submit a purchase request in time for a scheduled auction?
When TreasuryDirect processes your purchase request, it automatically gives you the next available auction date. Be sure to verify the auction date you request on your Purchase Review page before submitting it. We cannot backdate an issue of a security if you do not request your purchase prior to the auction cut-off time.
Related Questions
- What happens to properties that are not sold at the auction? Are they available the next time around, or are they available over-the-counter to purchase at any time?
- What happens if an improved property that I purchase is damaged between the date of the auction and the time that I close on the property?
- What happens if I don submit a purchase request in time for a scheduled auction?
