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Message: <blockquote data-quote="CondomWisdom" data-source="post: 27638644" data-attributes="member: 575409">In addition, you might be abel to cash out early by selling the Tbill to someone else, but the demand may be less or high depending on the ongoing TBill rates.Auction usually happens on wednesday.Say we bough 3 months tbills last week at 21%.This week if they issue another set for 24%,People would sought 24% bills over 21%, so you might have to sell yours at a lesser rate than 21% due to lesser demand.Same way if the trend of the rate shows a decline, say this week 20% and so on, people would sought the ones at 21% which were giving a higher rate.</blockquote>

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