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31 U.S. Code § 3112

Sinking fund for retiring and cancelling bonds and notes

31 U.S. Code § 3112. Sinking fund for retiring and cancelling bonds and notes

(a)
The Department of the Treasury has a sinking fund for retiring bonds and notes issued under this chapter. Amounts in the fund are appropriated for payment of bonds and notes at maturity or for their redemption or purchase before maturity by the Secretary of the Treasury. The fund is available until all the bonds and notes are retired.
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