Finance & markets · 27/12/1994Updated: 10/18/2026 · 1 min read
Valuation of Collateral for Treasury Tax and Loan Depositaries
Summary
The Department of the Treasury has directed the Federal Reserve to change the method of determining the value of collateral for Treasury Tax and Loan (TT&L) deposits, shifting from par value to market prices, to provide more equitable values to collateral.