[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR344.1]

[Page 257-258]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 344--U.S. TREASURY SECURITIES--STATE AND LOCAL GOVERNMENT SERIES--Table of Contents
 
                     Subpart A--General Information
 
Sec. 344.1  What special terms do I need to know to understand this part?

    As appropriate, the definitions of terms used in this part are those 
found in the relevant portions of the Internal Revenue Code and the 
Income tax regulations.
    Business Day(s) means Federal business day(s).
    Current Treasury borrowing rate means the prevailing market rate, as 
determined by Treasury, for a Treasury security with the specified 
period to maturity.
    Day(s) means calendar day(s).
    Issuer refers to the Government body that issues State or local 
government bonds described in section 103 of the Internal Revenue Code.
    Public Debt's website refers to .
    SLGS rate means the current Treasury borrowing rate on the day we 
receive your subscription, less 5 basis

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points, as released daily by Treasury in a SLGS rate table.
    SLGS rate table means a compilation of SLGS rates available for a 
given day.
    ``We'', ``us'', or ``the Secretary'' refers to the Secretary and the 
Secretary's delegates at the Department of the Treasury (Treasury), 
Bureau of the Public Debt (Public Debt), and Division of Special 
Investments (DSI). The term also extends to any fiscal or financial 
agent acting on behalf of the United States when designated to act by 
the Secretary or the Secretary's delegates.