31 CFR § 356.0 - What authority does the Treasury have to sell and issue securities?

---
identifier: "/us/cfr/t31/s356.0"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 356.0 - What authority does the Treasury have to sell and issue securities?"
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "356.0"
section_name: "What authority does the Treasury have to sell and issue securities?"
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "356"
part_name: "SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, FISCAL SERVICE SERIES NO. 1-93)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 31 U.S.C. 3102,  12 U.S.C. 391."
regulatory_source: "69 FR 45202, July 28, 2004, unless otherwise noted."
cfr_part: "356"
---


# 356.0 What authority does the Treasury have to sell and issue securities?

Chapter 31 of Title 31 of the United States Code authorizes the Secretary of the Treasury to issue United States obligations, and to offer them for sale with the terms and conditions that the Secretary prescribes.