§ 17245 Reimbursement Warrant Sales Rules

• •The government sells special money papers (called 'registered reimbursement warrants') to people who offer the best deals.
• •These papers can be sold in public auctions or private deals, but the government decides the rules.
• •The government won't sell these papers for less than their face value (the amount written on them).

Imagine the government has a $100 gift card to sell.

They can sell it to the highest bidder at an auction or directly to someone, but they can't sell it for less than $100.