Regulacje i polityka gospodarcza · 29/10/1999

Collateral Acceptability and Valuation

The Department of the Treasury is publishing for comment a proposed rule that will govern the acceptability and valuation of all collateral pledged to secure deposits of public monies and other financial interests of the government under Treasury's three Fiscal Service collateral programs. These programs are titled and described in existing parts of the Code of Federal Regulations (``CFR'') as: Depositaries and Financial Agents of the Government; Payment of Federal Taxes and the Treasury Tax and Loan Program; and Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds with Sureties. The standards of this proposed rule are essentially the same as those under current requirements and procedures. This proposed rule has been drafted using ``plain language,'' and we specifically request comment on its clarity and how we can make it easier to understand.