Opportunity
Federal Register #Docket No. FISCAL-2025-0001
Regulatory Update: Treasury Securities Redemption Operations Final Rule
Buyer
Bureau of the Fiscal Service
Posted
March 30, 2026
Identifier
Docket No. FISCAL-2025-0001
This notice announces a regulatory update from the Department of the Treasury, Bureau of the Fiscal Service, regarding marketable Treasury securities redemption operations. - Government Buyer: - Department of the Treasury, Bureau of the Fiscal Service - OEMs and Vendors: - Federal Reserve Bank of New York (acts as fiscal agent) - Products/Services Requested: - No products or services are being procured; this is a regulatory amendment - Notable Requirements and Changes: - Expands eligibility for direct offer submission in Treasury securities buyback operations - Updates certification statements for participation - Clarifies use of information from the Federal Reserve Bank of New York's FedTrade platform - Broadens access to liquidity support and enhances regulatory clarity - Implements conforming changes to reflect current Treasury practices
Description
The Department of the Treasury has issued a final rule amending the terms and conditions for marketable Treasury securities redemption (buyback) operations. The amendments expand direct offer submission eligibility, update certification statements for participation, enhance clarity, and make conforming changes to reflect current Treasury practices. These changes aim to promote consistency between regulations and buyback operation announcements, broaden access to liquidity support, and clarify the use of information from the Federal Reserve Bank of New York's trading platform. The rule is effective March 30, 2026.