[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: 31CFR356.23]

[Page 365]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 356--SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, PUBLIC DEBT SERIES NO. 1-93)--Table of Contents
 
         Subpart C--Determination of Auction Awards; Settlement
 
Sec. 356.23  Announcing auction results.

    (a) After the conclusion of the auction, the Department will make an 
official announcement of the auction results through a press release.
    (b) The press release will include such information as:
    (1) The amounts of bids recognized and accepted;
    (2) The range of accepted yields or discount rates;
    (3) The proration percentage;
    (4) The interest rate for a note or bond;
    (5) A breakdown of the amounts of noncompetitive and competitive 
bids recognized and accepted from the public;
    (6) The amounts recognized and accepted from the Federal Reserve 
Banks for their own account and for foreign and international monetary 
authorities;
    (7) The minimum par amount required to strip a note or bond;
    (8) The bid-to-cover ratio; and
    (9) Other information that the Department may decide to include.

[64 FR 3634, Jan. 25, 1999]