could you provide a link to the page that says that FRNs are dual purpose and serve as USN's? I can only find that FRN's serve the same function as USN's but not that they are dual purpose or that they may act as USN's. On there website. http://www.treasury.gov/resource-cen...al-tender.aspxOriginally Posted by doug555
What's in your wallet? Indeed... But, once lawful demand is made, the FRNs become USNs.... dual purpose Notes as the Treasury FAQ says...
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