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FEDERAL RESERVE BANK OF DALLAS
F IS C A L A G E N T O F TH E U N ITE D ST A T E S

Dallas, Texas, October 4, 1956

PRELIMINARY ANNOUNCEMENT
SPECIAL OFFERING OF TREASURY BILLS

To all Banking Institutions and Others Concerned
in the Eleventh Federal Reserve District:
Quoted below is a press statement issued today by the Treasury Depart­
ment in regard to a special offering of Treasury Bills:
“ The Treasury Department announced today that it will invite
cash tenders for $1,600,000,000, or thereabouts, of 91-Day Treasury
Bills to raise the cash needed for its current requirements. The full
terms of the offering will be contained in a statement to be released
Monday morning, October 8. Tenders will be opened at 2 p.m., Eastern
Daylight Saving Time, on Wednesday, October 10. The new bills will
be dated and must be paid for on October 17, 1956, and may be paid
for by credit in Treasury Tax and Loan Accounts. They will mature
on January 16, 1957.”
The official circular and tender forms for the offering will be mailed to
all banking institutions Friday, October 5. However, if the circular and
forms are not received in sufficient time, tenders should be entered by mail
or telegraph, subject to confirmation with an official tender form.

Yours very truly,
Watrous H. Irons
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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