Where to Buy Treasury Bills: A Guide for Beginners Treasury bills (T-bills) are considered among the safest short-term investments because they are backed by the full faith and credit of the U.S. government. Whether you're looking for a safe place to park an emergency fund or a low-risk way to earn more interest than a standard savings account, here is where and how you can buy them. Primary Markets: Buying Directly from the Source
: There are no fees or commissions when buying through TreasuryDirect. Minimum Investment : You can start with as little as $100 . where to buy treasury bills
: Securities purchased here must typically be held for at least 45 days before they can be transferred or sold. Secondary Markets: Buying Through Financial Institutions Where to Buy Treasury Bills: A Guide for
: When the bill matures, the Treasury pays you the full face value. The difference between the discount price you paid and the face value is your interest earned. Tax Advantages to Consider Primary Markets: Buying Directly from the Source :
: Choose a brokerage account. If you tell me which you prefer, I can provide: Step-by-step account setup for TreasuryDirect. Broker comparisons for bond-specific features. Current auction schedules for upcoming T-bill issues.
While T-bill interest is subject to , it is completely exempt from state and local taxes . This makes them particularly attractive for investors living in high-tax states like New York or California.
: You can open individual, entity (business), or trust accounts.