Regulations last checked for updates: May 19, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024
§ 363.143 - How do I purchase a security using the redemption proceeds of my zero-percent certificate of indebtedness?

You may purchase an eligible security by redeeming all or a portion of your zero-percent certificate of indebtedness and applying the proceeds toward the purchase of another eligible security. To do this, your zero-percent certificate of indebtedness must be of sufficient value to cover the cost of the security. If you are paying for a security using the redemption proceeds of a zero-percent certificate of indebtedness, you must pay the full amount of the purchase price of the security using the redemption proceeds.

[69 FR 50309, Aug. 16, 2004. Redesignated at 75 FR 70816, Nov. 19, 2010]
source: 67 FR 64286, Oct. 17, 2002, unless otherwise noted.
cite as: 31 CFR 363.143