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FEDERAL. RESERVE BANK OF DALLAS
F IS C A L . A G E N T O F T H E U N IT E D S T A T E S

Dallas, Texas, February 11, 1953

NOTICE OF CALL FOR REDEMPTION
TWO PERCENT TREASURY BONDS OF 1953-55

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
Your attention is invited to the following announcement:
“ Secretary of the Treasury Humphrey announced today that all outstanding 2
percent Treasury Bonds of 1953-55, dated October 7, 1940, due June 15, 1955, are
called for redemption on June 15, 1953. There are now outstanding $724,677,900 of
these bonds. The bonds of this issue are being called at this time because of the par­
tially tax-exempt attributes they carry.
“ Two issues of 2 percent Treasury Bonds of 1952-54, the 2 percent Treasury
Bonds of 1951-55, and the 214 percent Treasury Bonds of 1952-55, which are also
callable on June 15, 1953, will not be called for redemption on that date.
“ The text of the formal notice of call is as follows:
“TW O PERCENT TR EA SU R Y BONDS OF 1953-55
(Dated October 7, 1940)
NOTICE OF CALL FOR REDEMPTION

To Holders of 2 percent Treasury Bonds of 1953-55, and Others Concerned:
1. Public notice is hereby given that all outstanding 2 percent Treasury Bonds
of 1953-55, dated October 7,1940, due June 15, 1955, are hereby called for redemption
on June 15, 1953, on which date interest on such bonds will cease.
2. Holders of these bonds may, in advance of the redemption date, be offered
the privilege of exchanging all or any part of their called bonds for other interestbearing obligations of the United States, in which event public notice will hereafter
be given and an official circular governing the exchange offering will be issued.
3. Full information regarding the presentation and surrender of the bonds for
cash redemption under this call will be found in Department Circular No. 666, dated
July 21, 1941.
G. M. HUMPHREY,
Secretary of the Treasury.

T reasury D epartment,
W ashington, F ebruary 13,1953.”
As you will observe, holders of these bonds may be given the privilege of exchanging
all or any part of their holdings for other interest-bearing obligations of the United
States. In this event, notice will be given of such exchange privilege in advance of the
redemption date, and appropriate forms to accompany the bonds for exchange will be
forwarded to you.
Yours very truly,
R. R. GILBERT
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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