31 C.F.R. § 363.136 Do certificates of indebtedness pay interest?
Title 31 - Money and Finance: Treasury
Certificates of indebtedness do not pay any interest. However, the Secretary may prescribe a rate of interest, or change the interest rate, for certificates of indebtedness by announcement at any time. The new rate would apply to certificates of indebtedness issued thereafter, as provided in the announcement. The Secretary's determination of the rate will be final.
Title 31: Money and Finance: Treasury
PART 363—REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT
Subpart D—Certificate of Indebtedness
§ 363.136 Do certificates of indebtedness pay interest?
