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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 ST A T E S Dallas, Texas, M ay 6,1 9 6 0 To All Banking Institutions and Others Concerned in the Eleventh Federal Reserve District: At the request of the twelve Federal Land Banks, the following notice is given with respect to the maturity on June 1, 1960, of the consolidated Federal Farm Loan 2V^ per cent bonds dated February 1, 1955, and the plans of the Federal Land Banks to provide funds for the redemption of these maturing bonds: “Consolidated Federal Farm Loan 2Vz percent bonds dated February 1, 1955, of which there are $106 million outstanding, will mature on June 1, 1960. 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 consoli dated Federal farm loan bonds for delivery June 1, 1960. The new bonds will be offered for cash, no preference being given holders of the maturing issue. The offering will comprise $154 million 4% percent bonds dated June 1, 1960, due June 20, 1961. “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 May 12.” 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)
@FedFRASER