Marketable Treasury Securities Redemption Operations

The Department of the Treasury ("Treasury," "We," or "Us") is issuing rules in final form setting out the terms and conditions by which we may redeem outstanding, unmatured marketable Treasury securities. We are establishing a new part in the Code of Federal Regulations for this purpose. Redemption operations ("buybacks") will help us better manage our financing needs, promote more efficient capital markets, and may lower financing costs for taxpayers.