2024: TD Ameritrade t-bills, Treasury t-bonds, tips, frn, t-notes, corporate and municipal bonds trading: 1 year, 5 years, 10 years maturity. TD Ameritrade government bonds minimums and commission rates.

TD Ameritrade Transitioned to Charles Schwab
Charles Schwab has acquired TD Ameritrade, and all new clients now have to open a Schwab account. Please read our detailed Charles Schwab Review or Charles Schwab Treasury Bonds articles.

Free Charles Schwab Account

Open Schwab Account

Can I Buy Treasury Bonds on TD Ameritrade?

Did you know that with your TD Ameritrade brokerage account, you have the opportunity to purchase U.S. Treasury bonds, as well as corporate and municipal bonds, through auctions? TD Ameritrade provides user-friendly tools that even beginners can utilize without difficulty. This comprehensive article will guide you through the entire process.

Locating New Bonds at TD Ameritrade

To locate Treasury bonds available for auction on the TD Ameritrade website, navigate to the top menu and click on 'Research & Ideas.' Then, select 'New Issues' under the 'Bonds & CDs' category. This action will open a new page displaying a list of fixed-income securities in the primary market, meaning they have never been sold before.

Can I Buy Bonds on TD Ameritrade?

TD Ameritrade Treasury Auctions

The new Treasury bond offerings are organized by maturity date. The available options include bonds with maturities of less than 1 year, 1-3 years, 3-5 years, 5-7 years, 7-10 years, 10-20 years, and 20+ years. Currently, the U.S. government does not issue bonds with maturities exceeding 30 years.

TD Ameritrade treasury bonds

By clicking on one of these maturity options, a new window will open, presenting a list of new bonds along with their upcoming auction dates. Interestingly, we discovered that despite clicking on a specific date, the results included various maturities. For instance, we found 4-week Treasury bills and 30-year Treasury bonds listed on the same page.

Free TD Ameritrade Account

Open TD Ameritrade Account

How to Buy Treasury Bonds on TD Ameritrade

When you access the new page, you will find a list of bonds with upcoming auction dates. It is essential to double-check the maturity date before making a selection.

On TD Ameritrade's website, bonds that will be available for sale soon can be identified through selectable radio buttons. However, some of the dates may have already passed, in which case they will not be selectable.

TD Ameritrade Bonds Minimum

TD Ameritrade has a minimum order requirement of two bonds and a maximum limit of 5,000 bonds. Considering that the face value of a Treasury bond is $1,000, you will need to spend approximately $2,000 to make a purchase.

Treasury Schedule

Typically, the U.S. Treasury announces upcoming bond auctions on Thursdays. The actual auction takes place on the day following the announcement or a few days after. The settlement, which finalizes the transaction, occurs a few days after the auction.

To make a purchase, you must submit your order no later than 11:00 am on the day prior to the auction date. For example, if you wish to buy a Treasury bond in an auction scheduled for Monday, you must submit your order no later than Friday before Monday, and before 11:00 am.

Types of Bonds Available at TD Ameritrade

Within TD Ameritrade's search results, you will find various types of bonds, including Bills, Notes, Bonds, TIPS, and FRNs. Bills are fixed-income securities with maturities of less than one year. Notes have maturities ranging from two to ten years, while bonds have maturities of 20 and 30 years.

TIPS are inflation-protected bonds, where the principal amount adjusts according to inflation or deflation, measured by the Consumer Price Index. The principal paid at maturity cannot be less than the original principal.

FRNs are floating-rate notes that have adjustable coupon payments based on inflation. They are issued only with two-year terms.

Free TD Ameritrade Account

Open TD Ameritrade Account

Can I Buy 10 Year U.S. Treasury Bond at TD Ameritrade?

Yes, all U.S. Treasury Bonds are available at TD Ameritrade to all customers.

TD Ameritrade Review

4.5-star brokerage firm rating

charles schwab review

Continue Reading