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View Full Version : Has anyone tried redeeming FRNs for Treasury notes or bonds from a bank?



shikamaru
09-09-12, 10:57 AM
Just wondering :).

David Merrill
09-10-12, 02:05 AM
Good question. I read a convincing account that the Federal Reserve banks no longer even speak to citizens from the general public. I will guess that "state" banks will only hand you Federal Reserve notes.

shikamaru
09-10-12, 09:51 PM
Good question. I read a convincing account that the Federal Reserve banks no longer even speak to citizens from the general public. I will guess that "state" banks will only hand you Federal Reserve notes.

You can still make the demand for lawful money in US Treasuries, right? :)

So long as you have documentary proof of the demand when passed to the bank.

Make the record :).

David Merrill
09-10-12, 10:04 PM
You can still make the demand for lawful money in US Treasuries, right? :)

So long as you have documentary proof of the demand when passed to the bank.

Make the record :).


Of course!

You can make a demand for a Christmas tree in July too.