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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.




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