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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 ITE D S T A T E S Dallas, Texas, December 29,1961 To All Qualified Issuing Agents in the Eleventh Federal Reserve District: Copies of the Second Amendment to Treasury Department Circular No. 905, Second Revision, and the Fourth Amendment to Treasury Department Circular No. 530, Eighth Revision, are enclosed. These amendments give effect to the Treasury’s recent announcement that beginning January 1, 1962, the amount of Series H savings bonds that may be purchased annually by one buyer has been increased from $10,000 to $20,000. This announcement was contained in our circular letter dated December 4, 1961. Additional copies of these amendments may be obtained upon request. FE D E R A L R E SE R V E B A N K 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) UNITED STATES SAVINGS BONDS SERIES H 1961 Second Amendment to Department Circular No. 905 second R evision, dated September 23,1959 T D reasury _ ____ epartm ent, 0 OFFICE OF THE OECRETARYj Washington, November 17, 1961. * ’ 7 Fiscal Service Bureau o f the Public Debt In Sec. 332.7, paragraph (a) is hereby amended, effective January 1, 1962, to read as follows: Sec. 332.7. Limitation on holdings.— The limits on the amount of any Series H bonds originally issued during any one calendar year that may be held b y any one person at any one time (which will be computed in accord ance with the regulations currently in force governing United States Savings Bonds)* are; (a) General limitation.— $20,000 (maturity value) for the calendar year 1962 and each calendar year thereafter. ROBERT V. ROOSA, Acting Secretary of the Treasury. ! Departm ent Circular No. 530. U.5 . GOVERNMENT PRINTING O FFIC E: l » 6 ! REGULATIONS GOVERNING UNITED STATES SAVINGS BONDS 1961 Fourth Amendment to Department Circular No. 530 Eighth Revision, dated December 26,1957 T reasury O f f ic e D epartm ent, of the Secretary, Washington, November 17, 1961. Fiscal Service Bureau o f the Public Debt In Sec. 315.10, paragraph (b) is hereby amended, effective January 1, 1962, to read as follows: Sec. 315.10. * Amount which may be held.— * * * * (b) Series H .— $20,000 (maturity value) for each calendar year up to and including the calendar year 1956; $10,000 (maturity value) for the calendar years 1957 6 to 1961, inclu- sive; $20,000 (maturity value) for the calendar year 1962 and each calendar year thereafter. ROBERT V. ROOSA, Acting Secretary of the Treasury. 6 Effective M ay 1, 1957. Accordingly investors who purchased $20,000 (maturity value) o f bonds of Series E bearing issue dates o f January 1 through April 1 were not entitled to purchase additional bonds of that series during 1957. The same limitation applies to bonds o f Series H bearing those issue dates. Inves tors who purchased less than $10,000 (maturity value) of bonds o f either series prior to M ay 1 were entitled only to purchase enough o f either series to bring their total for that series for 1957 to $10,000 (maturity value). U.S. GOVERNMENT PRINTING OFFICE! 19*1
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