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R-255 BOARD OF GOVERNORS of the ******* 295 FEDERAL RESERVE SYSTEM 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 BOARD June 7, 1938. SUBJECT: Code Words Covering New Issues of Treasuxy Notes and Treasury Bonds. Dear Sir: In connection with telegraphic transactions between Federal reserve banks covering Government securities, the following code words have been designated to cover new issues of Treasury Notes and Treasury Bonds: NGWLYES - 1 1/8% Treasury Notes of Series A-1943, to be dated June 15, 1938, and to mature on Juno 15, 1945. NOWDOW - 2 3/4$ Treasury Bonds of 1958-63, to be dated June 15, 1938, and to mature on June 15, 1963. eiy truly yours J. C. Noell, Assistant Secretary. TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS