[Federal Register Volume 61, Number 119 (Wednesday, June 19, 1996)]
[Proposed Rules]
[Pages 31072-31073]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15658]
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DEPARTMENT OF THE TREASURY
Fiscal Service
31 CFR Part 356
Office of the Assistant Secretary for Financial Markets;
Amendments to the Uniform Offering Circular for the Sale and Issue of
Marketable Book-Entry Treasury Bills, Notes and Bonds
AGENCY: Office of the Assistant Secretary for Financial Markets,
Treasury.
ACTION: Notice of extension of time for submission of comments.
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SUMMARY: This document extends until July 3, 1996, the deadline for the
submission of comments on the Advance Notice of Proposed Rulemaking
soliciting comments on the design details, terms and conditions, and
other features of a new type of marketable book-entry security the
Treasury intends to issue. This security, an inflation-protection note
or bond,
[[Page 31073]]
would have a return linked to the inflation rate in prices or wages.
The advance notice of proposed rulemaking was published in the Federal
Register on May 20, 1996 (61 FR 25164) and comments were to be received
on or before June 19, 1996.
DATES: Comments must be submitted on or before July 3, 1996.
ADDRESSES: Comments should be sent to: Government Securities
Regulations Staff, Bureau of the Public Debt, Department of the
Treasury, 999 E Street, NW., Room 515, Washington, DC 20239-0001.
Comments received will be available for public inspection and copying
at the Treasury Department Library, Room 5030, Main Treasury Building,
1500 Pennsylvania Avenue, NW., Washington, DC 20220.
FOR FURTHER INFORMATION CONTACT:
Norman Carleton, Director, Office of Federal Finance Policy Analysis,
Office of the Assistant Secretary for Financial Markets, at 202-622-
2680.
SUPPLEMENTARY INFORMATION: The Department of the Treasury (Department
or Treasury) announced its intention to issue a new type of marketable
book-entry security with a nominal return linked to the inflation rate
in prices or wages, as officially published by the United States
Government. In the advance notice of proposed rulemaking that was
published May 20, 1996, the Treasury specifically requested comments
concerning the choice of index, structure of the security, auction
technique, offering sizes, and maturities. The Treasury also invited
comments on other specific issues raised, as well as on any other
issues relevant to the new type of security.
Given the importance of this issue and the desire to provide
sufficient time for parties to evaluate and consider Treasury's
inflation-protection security proposal, particularly since a series of
public meetings to describe further the Department's current thinking
on the subject and to obtain potential investor input just concluded on
June 12, 1996, the Department believes that additional time is
appropriate for market participants and other interested parties to
provide written comments. Therefore, the Department is extending the
comment period for 14 days until Wednesday, July 3, 1996.
Dated: June 14, 1996.
Roger L. Anderson,
Deputy Assistant Secretary, Federal Finance.
[FR Doc. 96-15658 Filed 6-14-96; 3:58 pm]
BILLING CODE 4810-39-M
