§356.25. How does the settlement process work? — Inbound Citations
31 C.F.R. § 356.25
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 31 U.S.C. § 356.25 as a whole
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(a) By bidding in an auction, you agree to pay the settlement amount for any securities awarded to you. (See § 356.25.) For notes and bonds, the settlement amount may include a premium amount, accrued interest, and, for inflation-protected securities, an inflation adjustment.