[Federal Register Volume 63, Number 225 (Monday, November 23, 1998)]
[Notices]
[Page 64756]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-31267]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

[Treasury Directive Number 16-59]


Determination of Eligible Types of Collateral Acceptable to 
Secure Deposits of Public Moneys and Other Financial Interests of the 
Government; Valuation of Such Collateral

November 12, 1998.
    1. Delegation. By virtue of the authority granted to the Fiscal 
Assistant Secretary by Treasury Order (TO) 101-05, the Commissioner, 
Bureau of the Public Debt, is delegated the authority to determine the 
eligible types of collateral, and methods of valuation thereof, that 
are acceptable to be pledged to secure deposits of public moneys and 
other financial interests of the government pursuant to 12 U.S.C. 90, 
12 U.S.C. 265-266, 12 U.S.C. 391, 12 U.S.C. 1452(d), 12 U.S.C. 1464(k), 
12 U.S.C. 1789a, 12 U.S.C. 2013, 12 U.S.C. 2122, 31 U.S.C. 323, 31 
U.S.C. 3303, 31 U.S.C. 9301, and 31 U.S.C. 9303, and other similar law 
under the jurisdiction of the Secretary of the Treasury, and to perform 
any functions necessary to effect such determination. The Commissioner, 
Bureau of the Public Debt, shall be responsible for referring to the 
Fiscal Assistant Secretary any matters on which action should be 
appropriately taken by the Fiscal Assistant Secretary.
    2. Redelegation. The Commissioner, Bureau of the Public Debt, may 
redelegate this authority in writing to officials of the Bureau of the 
Public Debt, and it may be exercised in the individual capacity and 
under the individual title of each official receiving such authority.
    3. Regulations. The issuance of any regulations pursuant to this 
Directive shall be by the Commissioner of the Public Debt in accordance 
with Treasury Directive 28-01, ``Preparation and Review of 
Regulations.''
    4. Authorities. a. TO 101-05, ``Reporting Relationships and 
Supervision of Officials, Offices and Bureaus, Delegation of Certain 
Authority, and Order of Succession in the Department of the Treasury.''
    b. 12 U.S.C. 90; 12 U.S.C. 265-266; 12 U.S.C. 391; 12 U.S.C. 
1452(d); 12 U.S.C. 1464(k); 12 U.S.C. 1789a; 12 U.S.C. 2013; 12 U.S.C. 
2122; 31 U.S.C. 323; 31 U.S.C. 3303; 31 U.S.C. 9301; and 31 U.S.C. 
9303.
    5. Expiration Date. This Directive expires three years from the 
date of issuance unless cancelled or superseded by that date.
    6. Office of Primary Interest. Government Securities Regulations 
Staff, Office of the Commissioner, Bureau of the Public Debt.
Donald V. Hammond,
Fiscal Assistant Secretary.
[FR Doc. 98-31267 Filed 11-20-98; 8:45 am]
BILLING CODE 4810-25-P