31 CFR § 345.0 - Offering of certificates.

---
identifier: "/us/cfr/t31/s345.0"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 345.0 - Offering of certificates."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "345.0"
section_name: "Offering of certificates."
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "345"
part_name: "REGULATIONS GOVERNING 5 PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS—R.E.A. SERIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. 754 and 754b; 5 U.S.C. 301."
regulatory_source: "38 FR 35306, Dec. 27, 1973, unless otherwise noted."
cfr_part: "345"
---


# 345.0 Offering of certificates.

The Secretary of the Treasury, under the authority of the Second Liberty Bond Act, as amended, offers to borrowers from the Rural Electrification Administration and Rural Telephone Bank, U.S. Department of Agriculture, 5 Percent Treasury Certificates of Indebtedness—R.E.A. Series. This offering will continue until terminated by the Secretary of the Treasury.