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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, February 9 ,1 9 4 9

P R E L IM IN A R Y A N N O U N C E M E N T
E X C H A N G E O FFER IN G

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

There is quoted below a press statement which was issued
today by the Treasury Department in regard to the March financ­
in g :
“ The Treasury will announce on Tuesday, February 15,
an offering of one-year one and one quarter percent Treas­
ury Certificates of Indebtedness in exchange for the Cer­
tificates of Indebtedness of Series C-1949, maturing March
1, 1949, in the amount o f $3,553,156,000.”
Official offering circulars and subscription forms for the ex­
change offering will be mailed so as to reach all banking institu­
tions on Tuesday, February 15. If the circulars and forms are not
received in sufficient time, however, subscriptions may be for­
warded by letter or by telegram, subject to confirmation with an
official application blank.
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)


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