-
Start Preamble
AGENCY:
Fiscal Service, Treasury.
ACTION:
Final rule.
SUMMARY:
The Department of the Treasury is making non-substantive technical corrections to its marketable securities auction rules.
DATES:
Effective July 1, 2016.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
Lori Santamorena, Kurt Eidemiller, or Kevin Start Printed Page 43070Hawkins, Government Securities Regulations Staff, Bureau of the Fiscal Service, Department of the Treasury, (202) 504-3632 or email us at govsecreg@fiscal.treasury.gov.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
We are making non-substantive technical corrections to §§ 356.2, 356.31, and appendix B to part 356. The amendments re-designate cross references to other parts of the rules, revise the introductory text of a paragraph, and restate a variable.
Procedural Requirements
Administrative Procedure Act. Because this final rule relates to public contracts and procedures for United States securities, the notice, public comment, and delayed effective date provisions of the Administrative Procedure Act are inapplicable, pursuant to 5 U.S.C. 553(a)(2).
Start List of SubjectsList of Subjects in 31 CFR Part 356
- Banks, banking
- Bonds
- Federal Reserve System
- Government securities
- Reporting and recordkeeping requirements
- Securities
Text of Amendments
Accordingly, 31 CFR part 356 is amended by making the following technical amendments:
Start PartPART 356—SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, FISCAL SERVICE SERIES NO. 1-93)
End Part Start Amendment Part1. The authority citation for part 356 continues to read as follows:
End Amendment Part[Amended]2. Section 356.2 is amended in the last sentence of the definition of “accrued interest” by removing the reference to “paragraph C” and adding in its place “paragraph D” and in the last sentence of paragraph (2) in the definition of “adjusted value” by removing the reference to “section IV” and adding in its place “section V.”
End Amendment Part[Amended]3. Section 356.31 is amended in the last sentences of paragraphs (c)(3)(i) and (iii) by removing the reference to “section IV” and adding in its place “section V.”
End Amendment Part Start Amendment Part4. Appendix B to part 356 is amended by removing two paragraphs of introductory text following the table of contents and adding one paragraph in its place, and revising Section IV, subsection D, paragraphs (a), (b), and (c) to read as follows:
End Amendment Part Start AppendixAppendix B to Part 356—Formulas and Tables
* * * * *The examples in this appendix are given for illustrative purposes only and are in no way a prediction of interest rates on any bills, notes, or bonds issued under this part. In some of the following examples, we use intermediate rounding for ease in following the calculations.
* * * * *IV. * * *
D. * * *
* * * * *End Appendix Start SignatureDavid A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2016-15248 Filed 6-30-16; 8:45 am]
BILLING CODE 4810-AS-P
Document Information
- Effective Date:
- 7/1/2016
- Published:
- 07/01/2016
- Department:
- Fiscal Service
- Entry Type:
- Rule
- Action:
- Final rule.
- Document Number:
- 2016-15248
- Dates:
- Effective July 1, 2016.
- Pages:
- 43069-43070 (2 pages)
- Topics:
- Banks, banking, Banks, banking, Banks, banking, Banks, banking, Bonds, Federal Reserve System, Government securities, Reporting and recordkeeping requirements, Securities
- PDF File:
- 2016-15248.pdf
- Supporting Documents:
- » Agency Information Collection Activities; Proposals, Submissions, and Approvals: List of Data (A) and List of Data (B)
- » Agency Information Collection Activities; Proposals, Submissions, and Approvals: Claim for Lost, Stolen, or Destroyed U.S. Savings Bonds and Supplemental Statement for U.S. Securities
- » Agency Information Collection Activities; Proposals, Submissions, and Approvals: Schedule of Excess Risks
- » Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the Fedwire Securities Service
- » Prompt Payment Interest Rate; Contract Disputes Act
- » Agency Information Collection Activities; Proposals, Submissions, and Approvals: Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery
- » Agency Information Collection Activities; Proposals, Submissions, and Approvals: Application for Recognition as Natural Guardian of a Minor Not Under Legal Guardianship and for Disposition of Minor's Interest in Registered Securities
- » Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds
- » Regulations Governing United States Savings Bonds,
- » Offset of Tax Refund Payments to Collect Certain Debts Owed to States
- CFR: (2)
- 31 CFR 356.2
- 31 CFR 356.31