Departmental Offices; Renewal of the Treasury Borrowing Committee of the Bond Market Association

[Federal Register Volume 64, Number 125 (Wednesday, June 30, 1999)]
[Notices]
[Pages 35252-35253]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-16678]


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DEPARTMENT OF THE TREASURY


Departmental Offices; Renewal of the Treasury Borrowing Committee 
of the Bond Market Association

ACTION: Notice of renewal.

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SUMMARY: In accordance with the Federal Advisory Committee Act, as 
amended Pub. L. 92-463; 5 U.S.C. App. 2), with the concurrence of the 
General Services Administration, the Secretary of the Treasury has 
determined that renewal of the Treasury Borrowing Advisory Committee of 
The Bond Market Association (the ``Committee'') is necessary and in the 
public interest in connection with the performance of duties imposed on 
the Department of the Treasury by law.

EFFECTIVE DATE: July 15, 1999.

FOR FURTHER INFORMATION CONTACT: Paul Malvey, Associated Director, 
Office of Market Finance (202) 622-2630.

SUPPLEMENTARY INFORMATION: The purpose of the Committee is to provide 
informed advice as representatives of the financial community to the 
Secretary of the Treasury and Treasury staff, upon the Secretary of the 
Treasury's request, in carrying out Treasury responsibilities for 
federal financing and public debt management.
    The Committee meets to consider special items on which its advice 
is sought pertaining to immediate Treasury funding requirements and 
pertaining to longer term approaches to manage the national debt in a 
cost-effective manner. The Committee usually meets immediately before 
the Treasury announces each mid-calendar quarter funding operation, 
although special meetings also may be held.

[[Page 35253]]

Membership consists of 20-25 individuals who are experts in the 
government securities market and who are involved in senior positions 
in debt markets as institutional investors, investment advisors, or as 
dealers in government securities.
    The Designated Federal Official for the Advisory Committee is the 
Director of the Office of Market Finance, reporting through the Under 
Secretary for Domestic Finance. The Treasury Department will file 
copies of the Committee's renewal charter with appropriate committees 
in Congress.

    Dated: 6/23/99.
Gary Gensler,
Under Secretary for Domestic Finance.
[FR Doc. 99-16678 Filed 6-29-99; 8:45 am]
BILLING CODE 4810-25-M