The Bureau of the Fiscal Service issued a final rule amending the Uniform Offering Circular for Treasury bills, notes, and bonds. The changes align auction terminology with an upcoming system upgrade and remove outdated references. Submitters of noncompetitive customer bids must now provide individual names and amounts before the auction close. The rule becomes effective on October 15, 2026, with some provisions applying to future auctions.
Read the full story at federalregister.gov.
Photo: stevepb / Pixabay