[Federal Register Volume 61, Number 119 (Wednesday, June 19, 1996)] [Proposed Rules] [Pages 31072-31073] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-15658] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Fiscal Service 31 CFR Part 356 Office of the Assistant Secretary for Financial Markets; Amendments to the Uniform Offering Circular for the Sale and Issue of Marketable Book-Entry Treasury Bills, Notes and Bonds
Agency
Office of the Assistant Secretary for Financial Markets, Treasury.
Action
Notice of extension of time for submission of comments.
-----------------------------------------------------------------------
Summary
This document extends until July 3, 1996, the deadline for the submission of comments on the Advance Notice of Proposed Rulemaking soliciting comments on the design details, terms and conditions, and other features of a new type of marketable book-entry security the Treasury intends to issue. This security, an inflation-protection note or bond,
would have a return linked to the inflation rate in prices or wages. The advance notice of proposed rulemaking was published in the Federal Register on May 20, 1996 (61 FR 25164) and comments were to be received on or before June 19, 1996.
Dates
Comments must be submitted on or before July 3, 1996.
Addresses
Comments should be sent to: Government Securities Regulations Staff, Bureau of the Public Debt, Department of the Treasury, 999 E Street, NW., Room 515, Washington, DC 20239-0001. Comments received will be available for public inspection and copying at the Treasury Department Library, Room 5030, Main Treasury Building, 1500 Pennsylvania Avenue, NW., Washington, DC 20220.
For Further Information Contact
Norman Carleton, Director, Office of Federal Finance Policy Analysis, Office of the Assistant Secretary for Financial Markets, at 202-622- 2680.
Supplementary Information
The Department of the Treasury (Department or Treasury) announced its intention to issue a new type of marketable book-entry security with a nominal return linked to the inflation rate in prices or wages, as officially published by the United States Government. In the advance notice of proposed rulemaking that was published May 20, 1996, the Treasury specifically requested comments concerning the choice of index, structure of the security, auction technique, offering sizes, and maturities. The Treasury also invited comments on other specific issues raised, as well as on any other issues relevant to the new type of security. Given the importance of this issue and the desire to provide sufficient time for parties to evaluate and consider Treasury's inflation-protection security proposal, particularly since a series of public meetings to describe further the Department's current thinking on the subject and to obtain potential investor input just concluded on June 12, 1996, the Department believes that additional time is appropriate for market participants and other interested parties to provide written comments. Therefore, the Department is extending the comment period for 14 days until Wednesday, July 3, 1996.
Dated: June 14, 1996. Roger L. Anderson, Deputy Assistant Secretary, Federal Finance. [FR Doc. 96-15658 Filed 6-14-96; 3:58 pm] BILLING CODE 4810-39-M