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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 IT E D S T A T E S

Dallas, Texas, February 13,1951

CALL FOR REDEMPTION
2% Percent Treasury Bonds of 1951-54

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
There is quoted below text of a formal notice dated February 14,1951,
by the Secretary of the Treasury calling the 2
percent Treasury Bonds
of 1951-54 for redemption on June 15, 1951:

%

“ To Holders of 2% percent Treasury Bonds of 1951-54 (dated
June 15, 1936), and Others Concerned:
“ Public notice is hereby given that all outstanding 2% percent
Treasury Bonds of 1951-54, dated June 15, 1936, due June 15,
1954, are hereby called for redemption on June 15, 1951, on which
date interest on such bonds will cease.
“ 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 interest-bearing 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.
“ 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.”
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 redemption or exchange will be for­
warded 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)