§321.12. Redemption value of securities.
31 C.F.R. § 321.12
The redemption value of each savings security is determined by the terms of its offering and the length of time it has been outstanding. The Bureau of the Fiscal Service determines redemption values for Series A-E bonds, eligible Series EE and I bonds, and savings notes, that should be used in redeeming savings securities.
Notes, amendments, and revision history
Amendments
[63 FR 38042, July 14, 1998]
Authority
Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 321; 31 U.S.C. 3105, 3126.
Source
Source: 53 FR 37511, Sept. 26, 1988, unless otherwise noted.
Amendments
[63 FR 38042, July 14, 1998]