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e-CFR data is current as of March 1, 2021

Title 31Subtitle BChapter IISubchapter APart 375Subpart B → §375.11


Title 31: Money and Finance: Treasury
PART 375—MARKETABLE TREASURY SECURITIES REDEMPTION OPERATIONS
Subpart B—Offering, Certifications, and Delivery


§375.11   Who may participate in a redemption operation?

(a) Submitters. To be a submitter, you must be an institution that the Federal Reserve Bank of New York has approved to conduct open market transactions with the Bank.

(b) Others. A person or entity other than a submitter may participate only if it arranges to have an offer or offers submitted on its behalf by a submitter.

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