Part 356 — Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds (Department of the Treasury Circular, Fiscal Service Series No. 1-93)
Subpart A — General Information
- § 356.0— What authority does the Treasury have to sell and issue securities?
- § 356.1— To which securities does this circular apply?
- § 356.2— What definitions do I need to know to understand this part?
- § 356.3— What is the role of the Federal Reserve Banks in this process?
- § 356.4— What are the book-entry systems in which auctioned Treasury securities may be issued or maintained?
- § 356.5— What types of securities does the Treasury auction?
Subpart B — Bidding, Certifications, and Payment
- § 356.10— What is the purpose of an auction announcement?
- § 356.11— How are bids submitted in an auction?
- § 356.12— What are the different types of bids and do they have specific requirements or restrictions?
- § 356.13— When must I report my net long position and how do I calculate it?
- § 356.14— What are the requirements for submitting bids for customers?
- § 356.15— What rules apply to bids submitted by investment advisers?
- § 356.16— Do I have to make any certifications?
- § 356.17— How and when do I pay for securities awarded in an auction?
Subpart C — Determination of Auction Awards; Settlement
- § 356.20— How does the Treasury determine auction awards?
- § 356.21— How are awards at the high yield, discount rate, or discount margin calculated?
- § 356.22— Does the Treasury have any limitations on auction awards?
- § 356.23— How are the auction results announced?
- § 356.24— Will I be notified directly of my awards and, if I am submitting bids for others, do I have to provide confirmations?
- § 356.25— How does the settlement process work?
Subpart D — Miscellaneous Provisions
- § 356.30— When does the Treasury pay principal and interest on securities?
- § 356.31— How does the STRIPS program work?
- § 356.32— What tax rules apply?
- § 356.33— Does the Treasury have any discretion in the auction process?
- § 356.34— What could happen if someone does not fully comply with the auction rules or fails to pay for securities?
- § 356.35— Who approved the information collections?