Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds-Customer Confirmation Reporting Requirement Threshold Amount
debt-mgmt · Fiscal Service · Rule · Published 2006-12-20 · Effective 2007-01-01 · 71 FR 76150
Document
Document number
E6-21668
Federal Register citation
71 FR 76150
CFR reference
31 CFR 356
Type
Rule
Action
Final rule.
Category
debt-mgmt
Sub-agency
Fiscal Service
Publication date
2006-12-20
Effective date
2007-01-01
Treasury docket
Docket No. BPD GSRS 06-02
Abstract
The Department of the Treasury ("Treasury," "We," or "Us") is issuing in final form an amendment to 31 CFR part 356 (Uniform Offering Circular for the Sale and Issue of Marketable Book- Entry Treasury Bills, Notes, and Bonds) that raises the customer confirmation reporting requirement threshold amount from $500 million to $750 million. Beginning on December 31, 2006, any customer awarded a par amount of $750 million or more in a Treasury marketable securities auction must send us a confirmation of its awarded bid(s) by 10 a.m. on the day following the auction. This final rule also clarifies that customer confirmations may now be sent by e-mail as well as by fax or hand delivery.