What do I do when tbill matures?
Summary of User’s Concern and Solutions:
- The user, dogUnbound, is unsure if they need to manually sell their Treasury Bills (tbills) upon maturity or if Fidelity will automatically handle it.
- Fidelity’s response confirms that no action is needed; the principal plus interest will be automatically deposited into the user’s core position on the maturity date.
Here’s the full thread
I have tbills that are supposed to mature on the 13th. I am wondering whether I need to manually sell them once they mature, or does fidelity automatically liquidate them once they mature?
Is there anything special I need to do?
Hey @dogUnbound, good news! No action is necessary for you to receive the principal plus interest for a maturing Treasury Bill. The funds will be automatically deposited into your core position, which is just where the uninvested cash is held, on the maturity date.
awesome. love how there is customer support in discord! Thanks.
Of course! We’re here to help! Have a great evening. 😎 🟢