What is the cut-off time for placing a bid in an auction?
Noncompetitive bids through your TreasuryDirect account must be received prior to 12 p.m. Eastern Time (and sometimes at 11:00 a.m. ET) on auction day. TreasuryDirect makes it easy by allowing you to schedule purchase requests for auctions up to five years in advance, so meeting the cut-off is never a problem.
Noncompetitive bids through your TreasuryDirect account must be received prior to 12 p.m. Eastern Standard Time (and sometimes at 11:00 a.m. EST) on auction day. TreasuryDirect makes it easy by allowing you to schedule purchase requests for auctions up to five years in advance, so meeting the cut-off is never a problem. How can I see how much my security will cost after the auction? Go to Current Holdings for the security type you’ve requested and check Pending Transactions for details like Price per $100, premium, discount, and accrued interest. These details are updated in your TreasuryDirect account after 5 p.m. Eastern Standard Time so you’re able to determine the final price of the security and ensure you have enough available in your selected source of funds to cover the purchase price. What is a reopening? A reopening is when we auction additional amounts of a previously issued security. Reopened securities maintain their original maturity date and interest rate, however, the is
Noncompetitive bids for Treasury Bills through your TreasuryDirect account must be received prior to 11 a.m. Eastern Time on auction day. Noncompetitive bids for Treasury Notes, Bonds, and TIPS must be received prior to 12 p.m. Eastern Time on auction day. See Treasury Marketable Securities Offering Announcement Press Releases for specific information.
