What is the Closed Book Period?
Four business days prior to a scheduled interest and/or maturity payment, TreasuryDirect “locks” the applicable security so we can schedule your upcoming payment(s). This rule applies to interest and maturity payments for Bills, Notes, Bonds, and TIPS. TreasuryDirect will not allow changes to registration, payment destination, or View/Transact Rights during this timeframe. Additionally, Internal and External Transfers of marketable securities are prohibited during the Closed Book Period. Any online transactions that are scheduled but not processed prior to the Closed Book Period will be canceled. Transactions requiring submission of a form will be held for processing when the Closed Book Period ends. SellDirect requests scheduled but not processed prior to the securities entering the Closed Book Period due to a scheduled interest payment will be delayed.
Four business days prior to a scheduled interest and/or maturity payment, TreasuryDirect “locks” the applicable security so we can schedule your upcoming payment(s). This rule applies to interest and maturity payments for Bills, Notes, Bonds, and TIPS. TreasuryDirect will not allow changes to registration, payment destination, or View/Transact Rights during this timeframe. Additionally, Internal and External Transfers of marketable securities are prohibited during the Closed Book Period. Transactions requiring submission of a form will be held for processing until the Closed Book Period ends. SellDirect requests scheduled but not processed prior to the securities entering the Closed Book Period due to a scheduled interest payment will be delayed. SellDirect requests scheduled but not processed prior to the securities entering the Closed Book Period due to a maturity payment will be canceled. A maturing security scheduled for reinvestment will be “locked” on auction day if the auction f
Four business days prior to a scheduled interest and/or maturity payment, TreasuryDirect “locks” the applicable security so we can schedule your upcoming payment(s). This rule applies to interest and maturity payments for Bills, Notes, Bonds, and TIPS. TreasuryDirect will not allow changes to registration, payment destination, number of reinvestments, or View/Transact Rights during this timeframe. Additionally, Internal and External Transfers of marketable securities are prohibited during the Closed Book Period. Transactions requiring submission of a form will be held for processing until the Closed Book Period ends. A maturing security scheduled for reinvestment will be “locked” on auction day if the auction for the new security is prior to the Closed Book Period.
