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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, January 24,1958

To all Banking Institutions and Others Concerned
in the Eleventh Federal Reserve District:

The following notice with respect to the maturity on February 14, 1958,
of 3% percent Consolidated Federal Farm Loan bonds dated February 15,
1957, and the plans of the Federal Land banks to provide funds for the
redemption of these maturing bonds and for other purposes through a
public offering of Consolidated Federal Farm Loan bonds for delivery
February 14, 1958, is being released for publication at the request of the
twelve Federal Land banks.
“ Consolidated Federal Farm Loan 3% percent bonds dated
February 15, 1957, of which there are $140 million outstanding,
will mature on February 14, 1958. These bonds may be redeemed
through the Federal Reserve Banks and Branches or the Treas­
urer 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 February 14, 1958. The new bonds will be offered for
cash, no preference being given holders of the maturing issue.
The offering will comprise $83 million 3% percent bonds due April
3, 1961, and $83 million 3% percent bonds due April 1, 1970, both
issues noncallable and both to be dated February 14.
“ The bonds will be offered by the banks’ Fiscal Agent, John
T. Knox, 130 William Street, New York 38, N. Y., through an
organized dealer group, at prices to be announced on or about
January 29.”
FE D E R AL RESERVE B A N K OF D A LLA S
Fiscal Agent o f the United States

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


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