{"data":{"id":"us/31-cfr-363.136","jurisdiction":"us","citation":"31 CFR 363.136","heading":"Do zero-percent certificates of indebtedness pay interest?","body":"Zero-percent certificates of indebtedness do not pay any interest. However, the Secretary may prescribe a rate of interest, or change the interest rate, for zero-percent certificates of indebtedness by announcement at any time. The new rate would apply to zero-percent certificates of indebtedness issued thereafter, as provided in the announcement. The Secretary's determination of the rate will be final.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE","PART 363—REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT","Subpart D—Zero-Percent Certificate of Indebtedness"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"f5143705fef4c8ce9f38dbfd8b343904469e1bd96585d1498bfea95c27d850ad","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-363.135","next":"us/31-cfr-363.137"},"notice":"GroundRules: Original legal text. Not legal advice."}