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Thread: Has anyone tried redeeming FRNs for Treasury notes or bonds from a bank?

  1. #1

    Has anyone tried redeeming FRNs for Treasury notes or bonds from a bank?

    Just wondering .

  2. #2
    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.

  3. #3
    Quote Originally Posted by David Merrill View Post
    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 .

  4. #4
    Quote Originally Posted by shikamaru View Post
    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.

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