31 CFR § 340.1 - Public notice—description of bonds—terms of offer.
---identifier: "/us/cfr/t31/s340.1"source: "ecfr"legal_status: "authoritative_unofficial"title: "31 CFR § 340.1 - Public notice—description of bonds—terms of offer."title_number: 31title_name: "Money and Finance: Treasury"section_number: "340.1"section_name: "Public notice—description of bonds—terms of offer."chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"subchapter_number: "A"subchapter_name: "BUREAU OF THE FISCAL SERVICE"part_number: "340"part_name: "REGULATIONS GOVERNING THE SALE OF TREASURY BONDS THROUGH COMPETITIVE BIDDING"positive_law: falsecurrency: "2026-04-05"last_updated: "2026-04-05"format_version: "1.1.0"generator: "[email protected]"authority: "Sec. 8, 50 Stat. 481, as amended; R.S. 3706; secs. 1, 4, 18, 5, 40 Stat. 288, as amended, 290, as amended, 1309, as amended, 290, as amended; secs. 19, 20, 48 Stat. 343, as amended; 31 U.S.C. 738a, 739, 752, 752a, 753, 754, 754a, 754b."regulatory_source: "27 FR 12481, Dec. 18, 1962, unless otherwise noted."cfr_part: "340"---
Identifier
/us/cfr/t31/s340.1
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Fiscal Service, Department of the Treasury
Authority
Sec. 8, 50 Stat. 481, as amended; R.S. 3706; secs. 1, 4, 18, 5, 40 Stat. 288, as amended, 290, as amended, 1309, as amended, 290, as amended; secs. 19, 20, 48 Stat. 343, as amended; 31 U.S.C. 738a, 73... Sec. 8, 50 Stat. 481, as amended; R.S. 3706; secs. 1, 4, 18, 5, 40 Stat. 288, as amended, 290, as amended, 1309, as amended, 290, as amended; secs. 19, 20, 48 Stat. 343, as amended; 31 U.S.C. 738a, 739, 752, 752a, 753, 754, 754a, 754b.
# 340.1 Public notice—description of bonds—terms of offer.When bonds are offered for sale through competitive bidding, bids therefor will be invited through the form of a public notice or notices issued by the Secretary of the Treasury. The notice or notices will either fix the coupon rate of interest to be borne by the bonds or prescribe the conditions under which bidders may specify the rate and will set forth the terms and conditions of the bonds, including maturities, call features, if any, and the terms and conditions of the offer, including the amount of the issue for which bids are invited, the date and closing hour for receipt of bids, and the date on which the bonds will be delivered and payment for any accepted bid must be completed. When so specified in the public notice, it shall be a condition of each bid that, if accepted by the Secretary of the Treasury, the bidder will make a bona fide reoffering to the investing public.