Though designed for investors who wish to own securities from issue to maturity, TreasuryDirect makes transferring Treasury bills, notes, bonds, and TIPS easy.

You can transfer Treasury bills, notes, bonds, and TIPS . . .

• between existing TreasuryDirect accounts for bills, notes, bonds, and TIPS,
• out of a TreasuryDirect account for bills, notes, bonds, and TIPS, and into the Commercial Book-Entry System, where a broker or dealer holds the securities for you, or
• from the Commercial Book-Entry System into a TreasuryDirect account for bills, notes, bonds, and TIPS.

• Transfer them to the Commercial Book-Entry System
• Take advantage of Sell Direct®

Transfer In

To transfer Treasury bills, notes, bonds, or TIPS from the Commercial Book-Entry System to an existing TreasuryDirect account for bills, notes, bonds and TIPS, ask your financial institution or government securities broker or dealer to transfer them. If you don't have a TreasuryDirect account for Treasury bills, notes, bonds and TIPS, you'll need to open one before transferring securities. Open an account by completing and submitting to your customer contact center a New Account Request (PD F 5182). (Download or order the form.)

Transfer Out

To transfer securities between existing TreasuryDirect accounts for bills, notes, bonds and TIPS, or to the Commercial Book-Entry System, simply fill out and mail to your customer contact center a properly certified Security Transfer Request (PD F 5179). (Download or order the form.)

Sell Direct

To take advantage of TreasuryDirect's Sell Direct service, download or order a Sell Direct Request (PD F 5179-1), fill it out, have it properly certified, and mail it to:

       Federal Reserve Bank of Chicago
       Investment Division for Sell Direct
       230 S. LaSalle St.
       Chicago, IL 60604

Your security will be sold to the highest bidder and we will charge you only $34.