When will I receive the proceeds of my bonds?

For T-bills, the receipt of “credit upon maturity” will be automatically credited to your PDAX account on the maturity date. Unless the maturity date falls on a non-business day, the proceeds will be credited on the next business day. 

For RTBs, you will be receiving your interest quarterly over the term period and receive the face value upon maturity date.

Additionally, the bond tokens you purchased will be removed from your portfolio and deducted from your bonds balance in exchange for the face value of the bonds. You will also be receiving a Maturity Email on the maturity date.

If you have any questions or need further assistance, you may file a support ticket here or you can send us an email at [email protected].