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Code · CFR · Title 31 — Money and Finance: Treasury · Part 375 · § 375.23

§ 375.23. How does the securities delivery process work?

45 words·~1 min read·/us/cfr/t31/s§ 375.23·

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If any of the offers you submitted are accepted, you must transfer the correct book-entry Treasury securities in the correct par amount against the correct settlement amount on the settlement date. You must deliver the securities to the account specified in the redemption operation announcement.
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