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FEDERAL RESERVE BANK OF DALLAS
FISCAL. AGENT O P THE UNITED STATES

Dallas, Texas, June 26,1958

To all Banking Institutions and Others Concerned
in the Eleventh Federal Reserve District:
The Farm Credit Administration has released for publication the fol­
lowing notice with respect to the maturity on July 15, 1958, of 4% percent
Consolidated Federal Farm Loan bonds dated July 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 Con­
solidated Federal Farm Loan bonds for delivery July 15, 1958:
“Consolidated Federal Farm Loan 4% percent bonds dated July
15, 1957, of which there are $123 million outstanding, will mature
on July 15,1958. 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 July 15, 1958. The new bonds will be offered for cash, no
preference being given holders of the maturing issue. The offering
will comprise $164 million 1% percent bonds to be dated July 15,
1958, and to mature October 20, 1959.
“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 a price to be announced on or about July 1.”
FEDERAL RESERVE BANK OF DALLAS
Fiscal Agent of 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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