31 CFR 375.23 - How does the securities delivery process work?

Regulations last checked for updates: Nov 22, 2024

Title 31 - Money and Finance: Treasury last revised: Nov 18, 2024

View all text of Subpart C [§ 375.20 - § 375.23]

§ 375.23 - How does the securities delivery process work?

If any of the offers you submitted are accepted, you must transfer the correct book-entry Treasury securities in the correct par amount against the correct settlement amount on the settlement date. You must deliver the securities to the account specified in the redemption operation announcement.

authority: 5 U.S.C. 301; 31 U.S.C. 3111; 12 U.S.C. 391.

source: 65 FR 3116, Jan. 19, 2000, unless otherwise noted.

cite as: 31 CFR 375.23