T-Bills 4 and 8 week auction is today. Those who placed orders
yesterday are in it. I bought some more of the 8 week. I'll let you
know what they price at, they issue on 11/08/22. Other upcoming
auctions listed here as well:
My 4-week treasury test on this site matured and the money made
it back into my bank account. No information on when this would
happen or whether it even happened was offered neither for the
interest paid nor the principal. First and last time for
me...E-trade, Fidelity, and Schwab are all far superior. And they
all answer their phones!
I always look forward to your post anytime I post about Treasury
Direct
It does tell you when you buy the bonds that if you don't
reinvest it will be returned to your bank account with interest at
maturity. You'll have a tax form that explains that breakdown,
nothing unusual. Yes, their hold times are likely longer than your
broker though if you have a few bucks.
Not sure I understand your comment about if you have a few
bucks. You can buy the same treasuries and bonds at any brokerage
at no extra cost that I have experienced and not have to deal with
a government agency. As for those I-bonds, with interest rates to
remain high for the foreseeable future, there are short-term
corporate bonds AA-BBB at great companies like GE and Berkshire
paying 5-6%+. But to each his own.
Many brokers have priority customer service lines for certain
levels of accounts is what I meant. Hold times less than Treasury
direct usually. Whatever works. I want TBills not corporate bonds
in this case. Different investments entirely.
Yes they are. Never said they weren't. I was talking about phone
customer service hold times because you said they answer the phone.
Moving on now, this clogs the feed.
Yes, it has been working fine. Likely just too many people
waiting til the last minute to buy the I Bonds at the 9.62% before
the rate changed. The November rate came out on I Bonds too, 6.89%
for new issues. These T Bills are darn attractive though for only
weeks of holding time. I'm guessing the new 8 week I get will be
over 4% now. They were 3.896% last time. Over 4% already on the 13
week. 4.169% last time on those and 17 week at 4.402%. All in the
tab mentioned.
T-Bills 4 and 8 week
Posted by fundamentalvalues on 3rd of Nov 2022 at 08:34 am
T-Bills 4 and 8 week auction is today. Those who placed orders yesterday are in it. I bought some more of the 8 week. I'll let you know what they price at, they issue on 11/08/22. Other upcoming auctions listed here as well:
https://www.treasurydirect.gov/auctions/upcoming/
If you click the tab above the table "Auction Results" you can also view the prior auction results and investment rates they issued at.
treasurydirect.gov
Upcoming Auctions — TreasuryDirect
Is the treasury direct website
Posted by steve on 3rd of Nov 2022 at 08:36 am
Is the treasury direct website back up and working after last week's fiasco? Thanks for keeping us informed on the auction
My 4-week treasury test on
Posted by brophy on 3rd of Nov 2022 at 08:51 am
My 4-week treasury test on this site matured and the money made it back into my bank account. No information on when this would happen or whether it even happened was offered neither for the interest paid nor the principal. First and last time for me...E-trade, Fidelity, and Schwab are all far superior. And they all answer their phones!
I always look forward to
Posted by fundamentalvalues on 3rd of Nov 2022 at 08:56 am
I always look forward to your post anytime I post about Treasury Direct
It does tell you when you buy the bonds that if you don't reinvest it will be returned to your bank account with interest at maturity. You'll have a tax form that explains that breakdown, nothing unusual. Yes, their hold times are likely longer than your broker though if you have a few bucks.
Not sure I understand your
Posted by brophy on 3rd of Nov 2022 at 10:30 am
Not sure I understand your comment about if you have a few bucks. You can buy the same treasuries and bonds at any brokerage at no extra cost that I have experienced and not have to deal with a government agency. As for those I-bonds, with interest rates to remain high for the foreseeable future, there are short-term corporate bonds AA-BBB at great companies like GE and Berkshire paying 5-6%+. But to each his own.
Many brokers have priority customer
Posted by fundamentalvalues on 3rd of Nov 2022 at 11:08 am
Many brokers have priority customer service lines for certain levels of accounts is what I meant. Hold times less than Treasury direct usually. Whatever works. I want TBills not corporate bonds in this case. Different investments entirely.
To repeat=T-bills at E-trade, IB,
Posted by brophy on 3rd of Nov 2022 at 11:13 am
To repeat=T-bills at E-trade, IB, Schwab etc. all the same.
Yes they are. Never said
Posted by fundamentalvalues on 3rd of Nov 2022 at 11:14 am
Yes they are. Never said they weren't. I was talking about phone customer service hold times because you said they answer the phone. Moving on now, this clogs the feed.
Yes, it has been working
Posted by fundamentalvalues on 3rd of Nov 2022 at 08:37 am
Yes, it has been working fine. Likely just too many people waiting til the last minute to buy the I Bonds at the 9.62% before the rate changed. The November rate came out on I Bonds too, 6.89% for new issues. These T Bills are darn attractive though for only weeks of holding time. I'm guessing the new 8 week I get will be over 4% now. They were 3.896% last time. Over 4% already on the 13 week. 4.169% last time on those and 17 week at 4.402%. All in the tab mentioned.
When is the new rate
Posted by rogerv on 3rd of Nov 2022 at 08:43 am
When is the new rate for I Bonds released. Any updae on raising the max purchase to 30K ?
Just updated my post below,
Posted by fundamentalvalues on 3rd of Nov 2022 at 08:46 am
Just updated my post below, New rate on I Bonds was 6.89%. It is always updated on this page too with a bunch more info and gives you dates, etc.:
https://www.treasurydirect.gov/savings-bonds/i-bonds/
No update on the vote to consider raising the max purchase limit yet.
treasurydirect.gov
I bonds — TreasuryDirect
Thanks
Posted by rogerv on 3rd of Nov 2022 at 08:50 am
Thanks