Regulations Governing Book-Entry Treasury Bonds, Notes and Bills

This final rule amends 31 CFR part 357, the general regulations governing book-entry Treasury securities, to provide a new schedule for the provision of a statement of account and to provide for the provision of a confirmation notice to the TREASURY DIRECT investor. This rule also provides that the statement of account and confirmation notice may be sent by electronic means. The change will benefit the TREASURY DIRECT investor by ensuring that each investor will receive a statement of account at least yearly. The confirmation notice will also benefit the investor by providing notification of a change in an account master record, notification upon the scheduling or canceling of a reinvestment and by confirming the interest that an investor has earned on an inflation indexed security.