31 CFR 309.7
§ 309.7 Tenders; submission through Federal Reserve Banks and branches and to the Bureau of the Fiscal Service.
United States · 31 CFR — Money and Finance: Treasury · Status: effective
Cite this
- Citation
- 31 CFR 309.7, § 309.7 Tenders; submission through Federal Reserve Banks and branches and to the Bureau of the Fiscal Service, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139745
- Permanent ID
ys:prov:139745@1- SHA-256
f4d3a672b51448d48c332d3d27e9ab6ea01845505785603bf7f2fa5cc8f7dd73
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Tenders in response to any such public notice will be received at the Federal Reserve Banks, or Branches thereof and at the Bureau of the Fiscal Service, Washington, DC 20226, and unless received before the time fixed for closing will be disregarded. Each tender must be for a minimum amount of $10,000. Tenders over $10,000 must be in multiples of $5,000 (maturity value). In the case of competitive tenders the price or prices offered by the bidder for the amount or amounts (at maturity value) applied for must be stated, and must be expressed on the basis of 100, with not more than three decimals, e.g., 99.925. Fractions may not be used.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.