Other Free Encyclopedias :: Law Library - American Law and Legal Information :: American Law Encyclopedia Vol 10 :: Treasury Department - Secretary Of The Treasury, Bureau Of Alcohol, Tobacco, Firearms And Explosives, Office Of The Comptroller Of The Currency

Treasury Department - Bureau Of The Public Debt

The Bureau of the Public Debt was established on June 30, 1940, pursuant to the Reorganization Act of 1939 (31 U.S.C.A. § 306). Its mission is to borrow the money needed to operate the federal government, account for the resulting public debt, and issue treasury securities to refund maturing debt and raise new money.

The bureau fulfills its mission through six programs: commercial book-entry securities, direct access securities, savings securities, government securities, market regulation, and public debt accounting. The bureau issues and auctions treasury bills, notes, and bonds and manages the U.S. Savings Bond Program.

In addition, the bureau implements the regulations for the government securities market. These regulations provide for investor protection while maintaining a fair and liquid market for government securities.

Citing this material

Please include a link to this page if you have found this material useful for research or writing a related article. Content on this website is from high-quality, licensed material originally published in print form. You can always be sure you're reading unbiased, factual, and accurate information.

Highlight the text below, right-click, and select “copy”. Paste the link into your website, email, or any other HTML document.

<a href="http://law.jrank.org/pages/10884/Treasury-Department-Bureau-Public-Debt.html">Treasury Department - Bureau Of The Public Debt</a>

Treasury Department - Bureau Of The Public Debt

Citing this material

User Comments Add a comment…