How to check IBOE for Private Placement Please state whether or not your organization has access to the

Private Side of the US Treasury or the Federal Reserve. If so, Please state that your organization has knowledge of this type of Instrument and that your organization can get the IBOE authenticated or state that your organization has enough understanding of this type of instrument to proceed with signing of a contract and receiving the Original Instrument. The Drawer of the Instrument has stated that the information surrounding this particular instrument is highly Confidential and can only be used by those individuals or Entities who have the knowledge to .negotiate it and/or has a Private relationship with the above named US agencies

These IBOEs will not be on the Fed system because that part of it is Private. The Feds have an off book and an on book ledger and the IBOE because of the .Confidentiality surrounding the IBOE is an OFF BOOK transaction That is why it is screened through the SECRETARY OF STATE OF GEORGIA which is also called the Commercial Registry and the Regional Registry for GEORGIA .and the Commercial Registry The Affidavit you will get is ONLY for the people in YOUR Platform. Also, the Registry lists BEN as the Secured Party via an Assignment for these IBOEs which means that BEN can assign that collateral free and clear if there is a default. If there is no default during the contract period, at the expiration of the trading .contract the instrument has to be returned to the Drawer

Two ways of checking these IBOEs

In regards to verifying the IBOE there are 2 ways you can verify it. Very Important: The Assignees and or their Banks have direct access to the private side of the Federal Reserve or the Private Side of the US Treasury. Direct Access is the most expeditious way to verify the IBOE's. The 2nd most expeditious way is to verify the filing of the IBOE through the Commercial Registry (UCC screen). That date base shows the Secured Party or Assignees as it relates to Assets/Collateral (IBOE's) that are linked to the Federal Reserve, IRS and US Treasury, but I am Positive you already know all that. We look forward in a LONG .Term relation with you and your bank

The law requires that each Federal Reserve Bank hold collateral that equals at least 100 percent of the value of the currency it issues. Most of that collateral is in U.S. Government securities owned by the Federal Reserve System. It also includes gold certificates, special drawing rights or other "eligible" paper. Eligible paper can be bills of exchange or promissory notes, and some foreign .government or agency securities obtained by the Federal Reserve

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