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252 BOARD OF GOVERNORS [JF'THE FEDERAL RESERVE SYSTEM X-9886 WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE BOARD May 7, 1937. SUBJECT: Code Viords Covering Nt;w Issues of Treasury Bills. D.:Jo.r Sir: In connection ;vith telcgr.:.phic trn.nsactioos in Goverm-:1ent socuri ~iGC botwuen }iodor:cl rc)sorv3 banks, the following codo vwrd~' to cover n,_;w is suus of Treasury "HO?,CUB 11 ·- h;:;ve been de~ngn:'lted Blllc~: T:ceatJUl'~" BilL3 to b'Cl dated 12, 1937, n.nd to mature September 17, 1957. l!u~--Y "NOZCYK" - Treasury Bills to be dated Mr~y 12, 193?, und to mature Fe brtt::~.rJ 9 , 19 08 • These words should be inserted in the Feder.::.l R.8Se!'ve Teloe;r<•.ph Code book, folloHing the tal code word "NOZ,COD 11 on page 172. TO PRE~;IDENTS OF ALL F. R. B1lllKS ~-m[Jplemeu-