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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, A pril 12, 1963

To All Banking Institutions and Others Concerned
in the Eleventh Federal Reserve District:

A t the request o f the twelve Federal Land Banks, the following notice is given with
respect to the maturity on M a y 1, 1963, o f the consolidated Federal farm loan 2 % percent
bonds dated M a y 1, 1958, and the plans of the Federal land banks to provide funds for
the redemption o f these maturing bonds:
An issue o f $122 million consolidated Federal farm loan 2 % percent bonds
dated M a y 1, 1958, w ill mature on M a y 1, 1963. These bonds m ay be redeemed
through the Federal Reserve Banks and Branches or the Treasurer o f the United
States, Washington, D. C.
Funds for the redemption o f the maturing bonds and for other requirements
w ill be provided by the Federal land banks through a public offering o f consoli­
dated Federal farm loan bonds for delivery M a y 1, 1963. T h e new bonds w ill be
offered for cash, no preference being given holders o f the maturing issue. Th e
offering w ill comprise $186 million of 4 percent bonds dated M a y 1, 1963, due
June 20, 1968.
T h e bonds w ill be offered b y the banks’ Fiscal Agent, John T . Knox, One
Chase Manhattan Plaza, N ew Y o rk 5, N ew York, through an organized dealer
group, at a price to be announced on or about A pril 18.

F E D E R A L R E S E R V E B A N K OF D A L L A S
Fiscal Agent o f the United States

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)