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 375 - Marketable Treasury Securities Redemption Operations
  7. Subpart C - Determination of Redemption Operation Results; Settlement
  8. 31 CFR § 375.23
31 CFR § 375.23
How does the securities delivery process work?
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.

§ 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.

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§ 375.22 Will I receive confirmations and, if I am submitting offers for others, do I have to provide confirmations?

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