[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR356.3]

[Page 369]
 
                  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 A_General Information
 
Sec.  356.3  What is the role of the Federal Reserve Banks in this 
process?

    The Treasury Department authorizes Federal Reserve Banks, as fiscal 
agents of the United States, to perform all activities necessary to 
carry out the provisions of this part, any auction announcements, and 
applicable regulations.