31 C.F.R. § 375.3 What is the role of the Federal Reserve Bank of New York in this process?
Title 31 - Money and Finance: Treasury
As fiscal agent of the United States, the Federal Reserve Bank of New York performs various activities necessary to conduct a redemption operation under this part. These activities may include but are not limited to: (a) Accepting and reviewing tenders; (b) Calculating redemption operation results; (c) Issuing notices of redemptions; (d) Accepting deliveries of Treasury securities at settlement; and (e) Processing the Treasury payment for securities delivered at settlement.
Title 31: Money and Finance: Treasury
PART 375—MARKETABLE TREASURY SECURITIES REDEMPTION OPERATIONS
Subpart A—General Information
§ 375.3 What is the role of the Federal Reserve Bank of New York in this process?
