31 CFR §340.8
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Opening of bids. Bids will be opened at the time and place specified in the public notice.
- (b)Method of determining accepted bids. The lowest basis cost of money 2 computed from the date of the bonds to the date of maturity will be used in determining successful bids.
- (c)Acceptance of successful bid. The Secretary of the Treasury, or his representative, will notify any successful bidder of acceptance in the manner and form specified in the public notice.