31 C.F.R. PART 356--SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, PUBLIC DEBT SERIES NO. 1-93)
TITLE 31--Money and Finance: Treasury
Subtitle B--REGULATIONS RELATING TO MONEY AND FINANCE
CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
SUBCHAPTER B--BUREAU OF THE PUBLIC DEBT
PART 356--SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, PUBLIC DEBT SERIES NO. 1-93)
Subpart A--GENERAL INFORMATION
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| What authority does the Treasury have to sell and issue securities?
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| To which securities does this circular apply?
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| What definitions do I need to know to understand this part?
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| What is the role of the Federal Reserve Banks in this process?
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| What are the book-entry systems in which auctioned Treasury securities may be issued?
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| What types of securities does the Treasury auction?
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Subpart B--BIDDING, CERTIFICATIONS, AND PAYMENT
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| What is the purpose of an auction announcement?
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| How are bids submitted in an auction?
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| What are the different types of bids and do they have specific requirements or restrictions?
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| When must I report my net long position and how do I calculate it?
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| What are the requirements for submitting bids for customers?
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| What rules apply to bids submitted by investment advisers?
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| Do I have to make any certifications?
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| How and when do I pay for securities awarded in an auction?
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Subpart C--DETERMINATION OF AUCTION AWARDS; SETTLEMENT
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| How does the Treasury determine auction awards?
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| How are awards at the high yield or discount rate calculated?
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| Does the Treasury have any limitations on auction awards?
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| How are the auction results announced?
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| Will I be notified directly of my awards and, if I am submitting bids for others, do I have to provide confirmations?
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| How does the settlement process work?
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Subpart D--MISCELLANEOUS PROVISIONS
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| When does the Treasury pay principal and interest on securities?
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| How does the STRIPS program work?
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| Does the Treasury have any discretion in the auction process?
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| What could happen if someone does not fully comply with the auction rules or fails to pay for securities?
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| Who approved the information collections?
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