Proposed Rules. Notice

Agency: Bureau of the Public Debt, Fiscal Service, Department of the Treasury
Action: Notice
Citation: FR Doc. 01-27780

Summary

The Department of the Treasury is announcing a new fee schedule for the transfer of book-entry securities maintained on the National Book-Entry System (NBES). This fee schedule will take effect on January 2, 2002. The basic fee for the transfer of a Treasury book-entry security will be $.49, a 22 percent fee reduction from CY 2001. Concurrent with Treasury's fee reduction, the Federal Reserve will be decreasing the fee for the movement of funds by $.01. These changes will result in a combined fee of $.55 for a Treasury security transfer. This represents a $.15 fee reduction from CY 2001. In addition to the basic fee, off-line transfers have a surcharge. The surcharge for an off-line Treasury book-entry transfer in CY 2002 will continue to be $25.00, unchanged from CY 2001. EFFECTIVE DATE: January 2, 2002.