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Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds

---
identifier: "/us/fr/2016-15248"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds"
title_number: 0
title_name: "Federal Register"
section_number: "2016-15248"
section_name: "Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds"
positive_law: false
currency: "2016-07-01"
last_updated: "2016-07-01"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "2016-15248"
document_type: "rule"
publication_date: "2016-07-01"
agencies:
  - "Treasury Department"
  - "Fiscal Service"
cfr_references:
  - "31 CFR Part 356"
fr_citation: "81 FR 43069"
fr_volume: 81
effective_date: "2016-07-01"
fr_action: "Final rule."
---

#  [Amended]

**AGENCY:**

Fiscal Service, Treasury.

**ACTION:**

Final rule.

**SUMMARY:**

The Department of the Treasury is making non-substantive technical corrections to its marketable securities auction rules.

**DATES:**

Effective July 1, 2016.

**FOR FURTHER INFORMATION CONTACT:**

Lori Santamorena, Kurt Eidemiller, or Kevin  Hawkins, Government Securities Regulations Staff, Bureau of the Fiscal Service, Department of the Treasury, (202) 504-3632 or email us at *[email protected].*

**SUPPLEMENTARY INFORMATION:**

We are making non-substantive technical corrections to §§ 356.2, 356.31, and appendix B to part 356. The amendments re-designate cross references to other parts of the rules, revise the introductory text of a paragraph, and restate a variable.

**Procedural Requirements**

*Administrative Procedure Act.* Because this final rule relates to public contracts and procedures for United States securities, the notice, public comment, and delayed effective date provisions of the Administrative Procedure Act are inapplicable, pursuant to 5 U.S.C. 553(a)(2).

**List of Subjects in 31 CFR Part 356**

Banks, banking, Bonds, Federal Reserve System, Government securities, Reporting and recordkeeping requirements, Securities.

**Text of Amendments**

Accordingly, 31 CFR part 356 is amended by making the following technical amendments:

**31 CFR Part 356**

**PART 356—SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, FISCAL SERVICE SERIES NO. 1-93)**

1. The authority citation for part 356 continues to read as follows:

**Authority:**

5 U.S.C. 301; 31 U.S.C. 3102, *et seq.* ; 12 U.S.C. 391.

**31 CFR Part 356**

§ 356.2

2. Section 356.2 is amended in the last sentence of the definition of “accrued interest” by removing the reference to “paragraph C” and adding in its place “paragraph D” and in the last sentence of paragraph (2) in the definition of “adjusted value” by removing the reference to “section IV” and adding in its place “section V.”

**31 CFR Part 356**

§ 356.31

3. Section 356.31 is amended in the last sentences of paragraphs (c)(3)(i) and (iii) by removing the reference to “section IV” and adding in its place “section V.”

**31 CFR Part 356**

4. Appendix B to part 356 is amended by removing two paragraphs of introductory text following the table of contents and adding one paragraph in its place, and revising Section IV, subsection D, paragraphs (a), (b), and (c) to read as follows:

**Appendix B to Part 356—Formulas and Tables**

The examples in this appendix are given for illustrative purposes only and are in no way a prediction of interest rates on any bills, notes, or bonds issued under this part. In some of the following examples, we use intermediate rounding for ease in following the calculations.

IV. * * *

D. * * *

David A. Lebryk,

Fiscal Assistant Secretary.