31 CFR § 375.23 Marketable Treasury Securities Redemption Operations

§ 375.23 How does the securities delivery process work?

Current through Oct 6, 2026 · Read all of Part 375

⚠ 1 pending change to Part 375

If any of the offers you submitted are accepted, you must transfer the correct book-entry Treasury securities in the correct par amount against the correct settlement amount on the settlement date. You must deliver the securities to the account specified in the redemption operation announcement.

← § 375.22 Will I receive confirmations and, if I am submitting offers for others, do I have to provide confirmations?§ 375.24 Does the Treasury Department prorate offers at the highest accepted price for a particular security? →