[Code of Federal Regulations]

[Title 31, Volume 2]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR359.9]



[Page 451]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY

 

PART 359_OFFERING OF UNITED STATES SAVINGS BONDS, SERIES I--Table of Contents

 

                      Subpart A_General Information

 

Sec.  359.9  When are interest rates for Series I savings bonds announced?



    (a) The Secretary will furnish fixed rates, semiannual inflation 

rates, and composite rates for Series I savings bonds in announcements 

published each May 1 and November 1.

    (b) If the regularly scheduled date for the announcement is a day 

when the Treasury is not open for business, then the Secretary will make 

the announcement on the next business day. However, the effective date 

of the rates remains the first day of the month of the announcement.

    (c) The Secretary may announce rates at any other time.



[[Page 452]]