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FED ERAL RE SE R V E BANK
OF NEW YORK
Fiscal A g en t o f the U nited States

r Circular N o. 3 8 8 3 1
L
July 30, 19S2
J

TREASURY FINANCING

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

Secretary o f the Treasury Snyder announced today the offering of
a one-year 2 percent certificate o f indebtedness, dated August 15, 1952,
in exchange fo r the two outstanding issues o f certificates o f indebtedness
which mature on August 15 and September 1, respectively, as follow s:
Series C-1952, maturing August 15, 1952 in the amount o f $583,202,000;
and Series D-1952, maturing September 1, 1952 in the amount of
$1,832,446,000. An interest adjustment will be made with respect to the
certificates maturing September 1, which are exchanged fo r the new
certificates. Subscription books will open Monday, August 4.
Copies o f the Treasury Department circular setting forth the terms
of this offering and official subscription forms will be mailed to reach
you on August 4, 1952.




A

llan

S

proul,

President.

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