View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FED ERAL RE SE R V E BANK
OF NEW YORK
Fiscal A gen t of the United States

[

Circular N o. 3 8 6 4 1
June 10, 1952
J

TREASURY FINANCING

To all Banlcs, and Others Concerned,
in the Second Federal Reserve D istrict:

Secretary Snyder announced today that the Treasury will offer for
cash on Monday, June 16,1952, an intermediate bond to be dated July 1,
1952, in the amount o f $3,500,000,000, or thereabouts. Proceeds from
the sales of this bond may be deposited in Treasury Tax and Loan
Accounts.
The Secretary also announced that holders o f the 1% per cent
Certificates o f Indebtedness o f Series B-1952, maturing July 1, 1952,
in the amount o f $5,215,849,000, will be offered at the same time a 1%
per cent certificate o f indebtedness to be dated July 1, 1952, and to
mature June 1, 1953. This maturity date has been selected in order to
keep June 15, 1953, open fo r tax anticipation bills.
Copies o f the Treasury Department circulars setting forth the
terms o f the offerings and official subscription form s will be mailed to
reach you on June 16, 1952.




A

llan

S

proul,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102