How do I purchase a security using the redemption proceeds of my zero-percent certificate of indebtedness?

1. Law
2. CFR 31
3. Money and Finance: Treasury
4. Regulations Relating to Money and Finance
5. Fiscal Service, Department of the Treasury
6. Bureau of the Fiscal Service
7. Regulations Governing Securities Held in TreasuryDirect
8. Zero-Percent Certificate of Indebtedness
9. Zero-Percent Certificate of Indebtedness
10. How do I purchase a security using the redemption proceeds of my zero-percent certificate of indebtedness?

§ 363.143 How do I purchase a security using the redemption proceeds of my zero-percent certificate of indebtedness?

You may purchase an eligible security by redeeming all or a portion of your zero-percent certificate of indebtedness and applying the proceeds toward the purchase of another eligible security. To do this, your zero-percent certificate of indebtedness must be of sufficient value to cover the cost of the security. If you are paying for a security using the redemption proceeds of a zero-percent certificate of indebtedness, you must pay the full amount of the purchase price of the security using the redemption proceeds.

[69 FR 50309, Aug. 16, 2004. Redesignated at 75 FR 70816, Nov. 19, 2010]

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