31 CFR 321.12 - Redemption value of securities.

Regulations last checked for updates: May 18, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024

View all text of Subpart D [§ 321.11 - § 321.14]

§ 321.12 - Redemption value of securities.

The redemption value of each savings security is determined by the terms of its offering and the length of time it has been outstanding. The Bureau of the Fiscal Service determines redemption values for Series A-E bonds, eligible Series EE and I bonds, and savings notes, that should be used in redeeming savings securities.

[63 FR 38042, July 14, 1998]

authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 321; 31 U.S.C. 3105,3126

source: 53 FR 37511, Sept. 26, 1988, unless otherwise noted.

cite as: 31 CFR 321.12