Buy Treasury STRIPS with Fidelity Investments

Q

How to buy US Treasury Bills with Fidelity Investments?

✍: FYIcenter.com

A

If you have a brokerage account with Fidelity Investments, you can follow these steps to buy Treasury STRIPS.

1. Login to your brokerage account.

2. Select "Research > Fixed Income" from the menu. You see the fixed income security search screen.

3. Select "Bonds" as the security search type.

4. Select "Yields" as the security display type.

5. Select a maturity date column (e.g. "20yr") in the "U.S. Treasury STRIPS" row. You see a list of Treasury STRIPS that are maturing in about 20 years.

6. Select "Buy" on a Treasury STRIPS. You see a list of current quotes on the selected STRIPS, followed by a trade form to place an order.

7. Fill the trade form, for example:

Action: Buy 
Quantity: 10 (in unit of $1,000 face value)
Order Type: Limit Price 
Limit Price: 37.00 
Time in Force: Fill or Kill 

Here is a screenshot of trade order form to buy a US Treasury STRIPS with your brokerage account on Fidelity Investments.

US Treasury STRIPS - Buy/Sell with Fidelity Investments
US Treasury STRIPS - Buy/Sell with Fidelity Investments

To help you placing a trade order on a US Treasury STRIPS, the order form displays detailed information about the STRIPS:

CUSIP: 912834PB8
Description: U S TREAS SEC STRIPPED INT PMT 0.00000% 11/15/2044ZERO CPN 
Maturity: 11/15/2044

It also displays quotes on the STRIPS placed by seller/buyers on the stock market at this moment around 4pm on 2025-06-20:

          Buyer's Quotes             |            Seller's Quotes
Bid Yield    Qty (min)    Bit Price  |  Ask Price    Qty (min)    Ask Yield
---------   -----------   ---------  |  ---------   -----------   ---------
    5.216    6000(100)    36.839     |     37.203    6000(100)    5.164
    5.217     200(20)     36.832     |     37.217     500(20)     5.162
    5.220    9000(25)     36.809     |     37.224   13000(25)     5.161
    5.232    250(100)     36.730     |     37.311     250(100)    5.148
    5.233    1000(20)     36.719     |     37.316    1000(20)     5.148
    5.239    5000(10)     36.678     |     37.372    5000(10)     5.139

Note that "Yield" values in the quotes are calculated as YTM (Yield To Maturity) values, and settlement dates may be one or more days later.

 

YTM (Yield To Maturity) on US Treasury STRIPS

What Is US Treasury STRIPS

Introduction of US Treasury STRIPS

⇑⇑ US Treasury Securities

2025-06-22, ∼677🔥, 0💬