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TreasuryDirect for...

  • Individual
    • Learn about purchasing & holding Treasury Securities
    • Set up an online account
  • Institutional
    • Access data & rules on securities auctions
    • Obtain information about Treasury securities
  • Government
    • Invest through the Federal Investments program
    • Purchase & manage SLGS
    • Borrow from the Treasury or liquidate securities

2004 Federal Register Items (January - December)

The Federal Register is a daily publication used to provide notice of proposed or final changes to the Code of Federal Regulations (CFR), including the regulations of the Bureau of the Public Debt. The Federal Register is also used to provide other important information or requests for information. The most important items relating to the Bureau of the Public Debt published in the Federal Register from January 2004 through December 2004 are listed below. You will leave this site if you choose to access these Federal Register publications.

Some of these publications are in Adobe's Portable Document Format (PDF). Many computers include the Adobe Acrobat Reader, which allows you to view PDF files. If you do not have the Acrobat Reader, it is free to download and use.

2004 Federal Register Items (January - December)
October 25 , 2004

31 CFR Part 344 U.S. Treasury Securities - State and Local Government Series; Extension of Comment Period


Action: Notice of proposed rulemaking; extension of comment period.
The Department of the Treasury is extending the comment period for the notice of proposed rulemaking published September 30, 2004, proposing revisions of the regulations governing State and Local Government Series (SLGS) securities.

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(file size 43K, uploaded 10/25/04)

September 30, 2004

31 CFR Part 344 US Treasury Securitites - State and Local Government Series


Action: Notice of proposed rule making with request for comments.
The Department of the Treasury (Treasury) is issuing this Notice of Proposed Rulemaking (NPRM) to revise the regulations governing State and Local Government Series (SLGS) securities. SLGS securities are non-marketable Treasury securities that are only available for purchase by issuers of tax-exempt securities. The NPRM deals with certain practices of issuers that in effect use the SLGS program as a cost-free option and which Treasury considers to be contrary to the purpose of the SLGS program. These practices also create volatility in Treasury's cash balances, make cash balance forecasting more difficult, and increase Treasury's borrowing costs. We are proposing changes to eliminate these practices. We are also proposing other changes that are designed to improve the administration of the SLGS program.

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(file size 148K, uploaded 09/30/04)

September 2, 2004

Sale and Issue of Marketable Treasury Bills, Notes, and Bonds: Six-Decimal Pricing, Negative-Yield Bidding, Zero-Filling, and Noncompetitive Bidding and Award Limit Increase


Action: Final Rule
Marketable Book-Entry Treasury Bills, Notes, and Bonds). This amendment implements four policy changes and makes conforming changes to the formulas. First, this amendment changes the pricing convention for all marketable Treasury securities auctions from three decimal places to six decimal places. Second, this amendment allows for negative-yield bidding in Treasury inflation-protected securities (TIPS) auctions to accommodate circumstances in which the desired real yield is a negative number. Third, this amendment provides for “zero-filling” of competitive auction bids that are not expressed out to the required three decimals by modifying the bids to a three-decimal rate or yield that is mathematically equivalent to the rate or yield submitted. Finally, this amendment raises the noncompetitive bidding and award limit for all Treasury bill auctions from $1 million to $5 million, which is the current noncompetitive limit for all Treasury note and bond auctions.
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(file size 101K, uploaded 06/18/09)
August 16, 2004

31 CFR Parts 351, 359, and 363 - Regulations Governing Treasury Securities, New Treasury Direct System


Action: Final rule.
New Treasury Direct (also referred to as TreasuryDirect) is a book-entry, online system for purchasing, holding and conducting transactions in Treasury securities. This rule describes a new security, the non-interest-bearing New Treasury Direct certificate of indebtedness (C of I), whose sole purpose is to permit investors to accumulate the purchase price of other eligible securities, currently Series I and Series EE U.S. Savings Bonds in New Treasury Direct.

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(file size 71K, uploaded 08/17/04)

July 28, 2004

Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds--Plain Language Uniform Offering Circular


Action: Final Rule
The Department of the Treasury is issuing in final form an amendment to 31 CFR Part 356 (Uniform Offering Circular for the Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds) by converting it to plain language. We are issuing this amendment to make our marketable securities auction rules easier to understand. This amendment will also make certain minor revisions to better make the auction rules conform to current practices.
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(file size 223K, uploaded 06/18/09)
July 16, 2004

Call for Redemption: 10-3/8 Percent Treasury Bonds of 2004-09


Action: Notice.
Public notice is hereby given that all outstanding 10-3/8 percent Treasury Bonds of 2004-09 (CUSIP No. 912810 CK 2) dated November 15, 1979, due November 15, 2009, are hereby called for redemption at par on November 15, 2004, on which date interest on such bonds will cease.

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(file size 51.4K, uploaded 07/26/04)

July 12, 2004

31 CFR 344 U.S. Treasury Securities - State and Local Government Securities


Action: Interim rule with request for comments.
The Department of the Treasury (Treasury) is issuing an interim rule that updates the method by which owners of State and Local Government Series (SLGS) securites will obtain access to SLGSafe®. SLGSafe is a secure Internet site where customers subscribe for SLGS securites.

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(file size 54K, uploaded 07/21/04)

July 2, 2004

31 CFR 352 - Offering of United States Savings Bonds, Series HH


Action: Final Rule.
The offering of Series HH Savings Bonds will terminate at the close of business on August 31, 2004.

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(file size 54K, uploaded 07/02/04)

June 29, 2004

Renegotiation Board Interest Rate; Prompt Payment Interest Rate; Contract Disputes Act


Action: Notice.
For the Period beginning July 1, 2004 and ending on December 31, 2004, the prompt payment interest rate is 4.500 per centum per annum.

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(file size 10K, uploaded 07/22/04)

January 16, 2004

31 CFR Part 363 - Regulations Governing New Treasury Direct System


Action: Final Rule.
New Treasury Direct is a book-entry, online system for purchasing, holding and conducitng transactions in Treasury Securities. This rule amends the regulations relating to accounts belonging to minors. This rule also removes references to special forms of registration for decedents' and imcompetents' estates.

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(file size 41K, uploaded 03/08/04)