Law and Guidance
- Authorizing Statutes
- Code of Federal Regulations (CFR)
- Government Securities Market Regulation
- Federal Register
- Other Legal References
Are you a lawyer advising a client who owns Treasury securities, or a law student researching a paper? Or do you just want to read the actual laws and regulations on which our programs are based? Here's what you will find:
Authorizing Statutes
We use the Government Printing Office (GPO) website to connect to the statutes.
- Sale of Treasury Securities (31 U.S.C. Subtitle III Chapter 31 Public Debt) authorizes the Treasury to borrow money.
- Government Securities Act (15 U.S.C. Chapter 2B Section 780-5) governs securities brokers and dealers.
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Code of Federal Regulations (CFR)
Treasury regulations, or circulars, which implement the statutes, are found in 31 CFR. We use Government Printing Office's GPO Access to connect to the regulations.
Series EE and HH savings bonds
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Offering of Series EE (Part 351)
Describes the offering of definitive and paperless Series EE savings bonds, including available denominations and other attributes, and how we calculate and pay the interest earned. -
Offering of Series HH (Part 352)
Describes the offering of Series HH savings bonds, including available denominations and other attributes, and how we calculate and pay the interest earned. -
Terms and conditions for Series EE and HH (Part 353)
Describes the terms and conditions for Series EE/HH savings bonds, including registration restrictions, how the bonds are paid and to whom.
Series I savings bonds
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Offering of Series I (Part 359)
Describes the offering of definitive and paperless Series I savings bonds, including available denominations, other attributes of I bonds, and how we calculate and pay the interest earned. -
Terms and conditions for Series I ( Part 360)
Describes the terms and conditions for Series I savings bonds, including registration restrictions, how the bonds are paid and to whom. -
Terms and conditions for savings bonds purchased through TreasuryDirect (Part 363)
Describes the terms and conditions for the paperless Series EE and I savings bonds that can be purchased through TreasuryDirect.
Marketable Treasury securities
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Terms and conditions for outstanding definitive marketable Treasury Securities (not savings bonds) (Part 306)
Describes the terms and conditions for outstanding definitive marketable Treasury securities. While no longer sold, some of these securities are still held by investors. -
Uniform Offering Circular (UOC) (Part 356)
Describes the terms and conditions for the sale and issue of Marketable Book-Entry Treasury Bills, Notes and Bonds by the auction process. -
Book-Entry Treasury Bonds, Notes, and Bills (Part 357)
Describes the terms and conditions for both the commercial book-entry system and the old TreasuryDirect program for marketable securities. -
State and Local Government Series (SLGS) (Part 344)
Describes the terms and conditions for the sale of special securities for issuers of tax-exempt securities, mostly States and local governments.
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Government Securities Market Regulation
This section includes regulations governing: the sale and issuance of Treasury securities, Treasury's securities redemption (buyback) operations, the eligibility and valuation of securities pledged to Treasury's Fiscal Service Collateral Programs, and Government Securities Act regulations and interpretations.
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Auction Rules (Uniform Offering Circular)
Terms and conditions for the sale and issue of marketable Treasury bills, notes, and bonds as well as a description of how they are auctioned, and the authorized payment methods. -
Buyback Rules (Treasury's Securities Redemption Operations)
Terms and conditions by which Treasury may redeem (buy back) outstanding unmatured marketable Treasury securities. -
Treasury's Fiscal Service Collateral Programs
Eligibility and valuation issues for collateral pledged to programs governed by 31 CFR Part 203 (the TT&L program), Part 202 (Circular 176), and Part 225 (Circular 154). -
Government Securities Act Regulations and Interpretations
Treasury's rules for government securities broker-dealers on financial responsibility, protecting customer securities and funds, record keeping, large position reporting, and financial reporting and audits. Also included are rules concerning custodial holdings of government securities by depository institutions.
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Federal Register
The Federal Register provides public notice of all proposed and final changes to the Code of Federal Regulations, which are so new that they have not yet been added to the annual publication of the CFR. The Federal Register also provides notices and other important information that is not included in the CFR.
A list of Federal Register items relating to the Bureau of the Public Debt and Treasury securities that have been published since July 1, 1996, are provided below. Additional Federal Register or Code of Federal Regulation (CFR) items can be found at the Government Printing Office (GPO) web site under Executive Resources.
- 2004 (January - December)
- 2003 (January - December)
- 2002 (January - December)
- 2001 (January - December)
- 2000 (January - December)
- 1999 (July - December)
- 1999 (January - June)
- 1998 (July - December)
- 1998 (January - June)
- 1997 (July - December)
- 1997 (January - June)
- 1996 (July - December)
If you wish to review or comment on our or other Federal agencies' proposed or interim regulations, please visit www.regulation.gov.
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Other Legal References
- Removing Unnecessary Barriers to Electronic Transactions
We're interested in your views as to what we should do to remove any unnecessary barriers to electronic transactions. - Article on Recent Developments Related to Treasury's "TRADES" Regulations
As the name indicates, this article summarizes recent developments related Treasury's "TRADES" Regulations. The TRADES regulations govern holdings of marketable Treasury securities outside of TreasuryDirect. They were enacted in 1996. - Frauds, Phonies and Scams
If you have been presented with a suspicious Treasury Security that doesn't look right or have been invited to participate in a Treasury Securities transaction “guaranteed” to make lots of money, visit our web page related to “frauds and phonies” to read about fraudulent schemes and phony financial instruments. - Freedom Of Information Act (FOIA)
Visit our web pages for useful information about FOIA, including how to make a FOIA request.
U.S. Treasury Department Legal Division
You will find information on the work of the lawyers in the Treasury Bureaus and offices including the Bureau of the Public Debt, current job openings and information about careers in the Treasury's Legal Division.
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