Notice2022-22995
Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the Fedwire Securities Service
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 24, 2022
Issuing agencies
Treasury DepartmentFiscal ServiceBureau of the Fiscal Service
Abstract
The Department of the Treasury (Treasury) is announcing a new process to establish a fee schedule applicable to transfers of U.S. Treasury book-entry securities maintained on the Fedwire Securities Service (Fedwire) that will start on or after January 1, 2023.
Full Text
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<title>Federal Register, Volume 87 Issue 204 (Monday, October 24, 2022)</title>
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[Federal Register Volume 87, Number 204 (Monday, October 24, 2022)]
[Notices]
[Page 64309]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-22995]
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DEPARTMENT OF THE TREASURY
Fiscal Service
Bureau of the Fiscal Service
Fee Schedule for the Transfer of U.S. Treasury Book-Entry
Securities Held on the Fedwire Securities Service
AGENCY: Bureau of the Fiscal Service, Fiscal Service, Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury (Treasury) is announcing a new
process to establish a fee schedule applicable to transfers of U.S.
Treasury book-entry securities maintained on the Fedwire Securities
Service (Fedwire) that will start on or after January 1, 2023.
DATES: Applicable January 1, 2023.
FOR FURTHER INFORMATION CONTACT: Janeene Matias, Bureau of the Fiscal
Service, 304-480-6321.
SUPPLEMENTARY INFORMATION: Effective January 1, 2023, the Federal
Reserve will be responsible for establishing the fee structure for the
transfer of Treasury book-entry securities maintained on Fedwire,
consistent with section 11A of the Federal Reserve Act and with Federal
Reserve polices. This change, which applies to both the basic fee and
off-line surcharge, will result in a consistent fee structure for
transfers of Treasury and all other securities issued over Fedwire.
Specific fee amounts will be set out in a separate Federal Register
notice published by the Federal Reserve and will also be available on
the Federal Reserve's <a href="http://FRBservices.org">FRBservices.org</a> website.\1\
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\1\ For a current listing of the Federal Reserve System's fees,
please refer to <a href="https://www.frbservices.org/financial-services/securities/index.html">https://www.frbservices.org/financial-services/securities/index.html</a>.
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Treasury does not charge a fee for account maintenance, the
stripping and reconstitution of Treasury securities, the wires
associated with original issues, or interest and redemption payments.
Treasury currently absorbs these costs and will continue to do so
unless otherwise announced.
Authority: 31 CFR 357.45.
Timothy E. Gribben,
Commissioner, Bureau of the Fiscal Service.
[FR Doc. 2022-22995 Filed 10-21-22; 8:45 am]
BILLING CODE 4810-AS-P
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