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FEDERAL RESERVE BANK
OF N EW YORK
I" Circular No. 5 7 3 3 "1
L , December 3, 1965 -I
.

F E D E R A L F A R M LOAN BONDS

— Redemption of December 20 Maturity
— Offering of New Bonds

T o A ll Banks and Trust Companies, and O thers Concerned,
in the Second Federal R eserv e D istrict:

A t the request of the twelve Federal Land Banks, transmitted to us by the
Treasury Department, we bring to your attention the following notice:
An issue of $140 million consolidated Federal farm loan 4 percent bonds dated June
20, 1961, will mature December 20, 1965. These bonds may be redeemed through the
Federal Reserve Banks and Branches or the Treasurer of 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 of consolidated Federal
farm loan bonds for delivery December 20, 1965. The new bonds will be offered for cash,
no preference being given holders of the maturing issue. The offering will comprise $178
million, or thereabouts, of 4 ^ percent bonds dated December 20, 1965, due August 21, 1967.
The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One Chase
Manhattan Plaza, New York, New York 10005, through an organized dealer group, at a
price to be announced on or about December 7.

Additional copies of this circular will be furnished upon request.




A

lfred

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ayes,

President.

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