31 CFR 375.10 - What is the purpose of the redemption operation announcement?

Code of Federal Regulations - Title 31: Money and Finance: Treasury (December 2005)


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TITLE 31 - MONEY AND FINANCE: TREASURY

SUBTITLE B - REGULATIONS RELATING TO MONEY AND FINANCE

CHAPTER II - FISCAL SERVICE, DEPARTMENT OF THE TREASURY

SUBCHAPTER B - BUREAU OF THE PUBLIC DEBT

PART 375 - MARKETABLE TREASURY SECURITIES REDEMPTION OPERATIONS

subpart b - OFFERING, CERTIFICATIONS, AND DELIVERY

375.10 - What is the purpose of the redemption operation announcement?

We provide public notice that we are redeeming Treasury securities by issuing a redemption operation announcement. This announcement lists the details of each proposed redemption operation, including the maximum redemption amount, the range of maturities of eligible securities, descriptions of the securities that fall within that maturity range, and the redemption operation and settlement dates. The redemption operation announcement and this part specify the terms and conditions of a redemption operation. If anything in the redemption operation announcement differs from anything in this part, the redemption operation announcement will apply. Accordingly, you should read the applicable redemption operation announcement along with this part.

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