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84 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM x-9671 WASHINGTON A D D R E S S OFFICIAL C O R R E S P O N D E N C E TO T H E B O A R D August 15, 1936 SUBJECT: Code Word Covering New Issue of Treasury Bills Dear Sir; In connection with telegraphic transactions in Government securities between Federal reserve banks, the following code word has been designated to cover a new issue of Treasury Bills. "NOYPUG" - Treasury Bills to be dated August 19, 1936, and to mature May 19, 1937. This word should be inserted in the Federal Reserve Telegraph Code book, following the supplemental code word "NOYPOD" on page 172. Very truly yours, TO PRESIDENTS OF ALL F. E. BANKS