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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, August 2, 1963

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 August 20, 1963, of the consolidated Federal farm loan 3 % per­
cent bonds dated August 20, 1962, and the plans of the Federal land banks to provide
funds for the redemption of these maturing bonds:
An issue of $144 million consolidated Federal farm loan 3 % percent bonds
dated August 20, 1962, will mature on August 20, 1963. 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 August 20, 1963. The new bonds will
be offered for cash, no preference being given holders of the maturing issue. The
offering will comprise $215 million of 3 % percent bonds dated August 20, 1963,
due August 20, 1964.
The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One
Chase Manhattan Plaza, New York 5, New York, through an organized dealer
group, at a price to be announced on or about August 7.

FE D E R A L R ESERVE 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)