81 FR 43069 - Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds

DEPARTMENT OF THE TREASURY
Fiscal Service

Federal Register Volume 81, Issue 127 (July 1, 2016)

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

[Federal Register Volume 81, Number 127 (Friday, July 1, 2016)]
[Rules and Regulations]
[Pages 43069-43070]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-15248]


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DEPARTMENT OF THE TREASURY

Fiscal Service

31 CFR Part 356


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

AGENCY: Fiscal Service, Treasury.

ACTION: Final rule.

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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

[[Page 43070]]

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 Sec. Sec.  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:

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)

0
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.


Sec.  356.2  [Amended]

0
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.''


Sec.  356.31  [Amended]

0
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.''

0
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. * * *
    [GRAPHIC] [TIFF OMITTED] TR01JY16.004
    
* * * * *

David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2016-15248 Filed 6-30-16; 8:45 am]
BILLING CODE 4810-AS-P