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FEDERAL RESERVE BANK OF NEW YORK r Circular N o. 5 3 6 6 "1 L August 2, 1963 J FEDERAL FARM LOAN BONDS — Redemption of August 20 Maturity — Offering of New Bonds To All Banks and Trust Companies, and Others Concerned, in the Second Federal Reserve D istrict: At the request of the twelve Federal Land Banks, transmitted to us by the Treasury Department, we bring to your attention the following notice: A il issue o f $144 million consolidated Federal farm loan 3 % percent bonds dated August 20, 1962, will mature on August 20, 1963. These bonds may be redeemed through the Federal Reserve Banks and Branches or the Treasurer o f the United States, Washington, D. C. Funds for the redemption of the maturing bonds and for other requirements will be provided by the Federal Land Banks through a public offering o f consolidated Federal farm loan bonds for delivery August 20, 1963. The new bonds will be offered fo r cash, no preference being given holders o f the maturing issue. The offering will comprise $215 mil lion o f 3 % percent bonds dated August 20, 1963, due August 20, 1964. The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One Chase M an hattan Plaza, New Y ork 5, New York, through an organized dealer group, at a price to be announced on or about August 7. Additional copies of this circular will be furnished upon request. A lfred H ayes, P r e sid e n t.