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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, September 30, 1960 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 October 20, 1960, of the consolidated Federal Farm Loan 5 Vs percent bonds dated January 5, 1960, and the plans of the Federal Land Banks to provide funds for the redemption of these maturing bonds: “Consolidated Federal Farm Loan 5% percent bonds dated January 5, 1960, of which there are $118 million outstanding, will mature on October 20, 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 October 20, 1960. The new bonds will be offered for cash, no preference being given holders of the maturing issue. The offering will comprise $160 million 4 percent bonds dated October 20, 1960, due October 20, 1965. “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 October 5.” 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