1. LawStack
  2. Title 31 - Money and Finance: Treasury
  3. Subtitle B - Regulations Relating to Money and Finance
  4. Chapter II - Fiscal Service, Department of the Treasury
  5. Subchapter A - Bureau of the Fiscal Service
  6. 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)
  7. Subpart A - General Information
  8. 31 CFR § 356.3
31 CFR § 356.3
What is the role of the Federal Reserve Banks in this process?
July 31, 2023
CFR
Editorial Note on Subchapter A of Chapter II

Editorial Note:

Nomenclature changes to subchapter A appear at 78 FR 60697, Oct. 2, 2013.

Editorial Note on Part 356

Editorial Note:

Nomenclature changes to part 356 appear at 70 FR 57439, Sept. 30, 2005.

§ 356.3 What is the role of the Federal Reserve Banks in this process?

The Treasury Department authorizes Federal Reserve Banks, as fiscal agents of the United States, to perform all activities necessary to carry out the provisions of this part, any auction announcements, and applicable regulations.

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§ 356.2 What definitions do I need to know to understand this part?
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§ 356.4 What are the book-entry systems in which auctioned Treasury securities may be issued or maintained?

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