Fiscal agency services(redirected from Fiscal Agency Service)
Fiscal agency services
Services performed by the Federal Reserve Banks for the U.S. government. These include maintaining deposit accounts for the Treasury Department, paying U.S. government checks drawn on the Treasury, and issuing and redeeming savings bonds and other government securities.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Fiscal Agency Services
Services that Federal Reserve Banks perform for the United States government. The most important of these services include maintaining the Treasury Department's bank accounts and issuing and redeeming Treasury securities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved