[Federal Register Volume 63, Number 225 (Monday, November 23, 1998)]
[Notices]
[Page 64756]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-31267]
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DEPARTMENT OF THE TREASURY
[Treasury Directive Number 16-59]
Determination of Eligible Types of Collateral Acceptable to
Secure Deposits of Public Moneys and Other Financial Interests of the
Government; Valuation of Such Collateral
November 12, 1998.
1. Delegation. By virtue of the authority granted to the Fiscal
Assistant Secretary by Treasury Order (TO) 101-05, the Commissioner,
Bureau of the Public Debt, is delegated the authority to determine the
eligible types of collateral, and methods of valuation thereof, that
are acceptable to be pledged to secure deposits of public moneys and
other financial interests of the government pursuant to 12 U.S.C. 90,
12 U.S.C. 265-266, 12 U.S.C. 391, 12 U.S.C. 1452(d), 12 U.S.C. 1464(k),
12 U.S.C. 1789a, 12 U.S.C. 2013, 12 U.S.C. 2122, 31 U.S.C. 323, 31
U.S.C. 3303, 31 U.S.C. 9301, and 31 U.S.C. 9303, and other similar law
under the jurisdiction of the Secretary of the Treasury, and to perform
any functions necessary to effect such determination. The Commissioner,
Bureau of the Public Debt, shall be responsible for referring to the
Fiscal Assistant Secretary any matters on which action should be
appropriately taken by the Fiscal Assistant Secretary.
2. Redelegation. The Commissioner, Bureau of the Public Debt, may
redelegate this authority in writing to officials of the Bureau of the
Public Debt, and it may be exercised in the individual capacity and
under the individual title of each official receiving such authority.
3. Regulations. The issuance of any regulations pursuant to this
Directive shall be by the Commissioner of the Public Debt in accordance
with Treasury Directive 28-01, ``Preparation and Review of
Regulations.''
4. Authorities. a. TO 101-05, ``Reporting Relationships and
Supervision of Officials, Offices and Bureaus, Delegation of Certain
Authority, and Order of Succession in the Department of the Treasury.''
b. 12 U.S.C. 90; 12 U.S.C. 265-266; 12 U.S.C. 391; 12 U.S.C.
1452(d); 12 U.S.C. 1464(k); 12 U.S.C. 1789a; 12 U.S.C. 2013; 12 U.S.C.
2122; 31 U.S.C. 323; 31 U.S.C. 3303; 31 U.S.C. 9301; and 31 U.S.C.
9303.
5. Expiration Date. This Directive expires three years from the
date of issuance unless cancelled or superseded by that date.
6. Office of Primary Interest. Government Securities Regulations
Staff, Office of the Commissioner, Bureau of the Public Debt.
Donald V. Hammond,
Fiscal Assistant Secretary.
[FR Doc. 98-31267 Filed 11-20-98; 8:45 am]
BILLING CODE 4810-25-P
