Collateral Services Operations Resources

The following resources provide detailed operational guidelines for participating in the Treasury Collateral services.

Collateral Guide (PDF)

Acquaints depositaries with operational processes involved with the Treasury collateral programs, including establishing, maintaining and closing Restricted Accounts for Treasury collateral programs, as well as depositing collateral to and withdrawing collateral from these accounts.

Operating Circular #8: Collateral

Describes how each Federal Reserve Bank, in its individual capacity and as Fiscal Agent of the United States, holds collateral as custodian for the benefit of the Pledgee to which the collateral has been pledged.