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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

75222

Circular No. 69-67
March 18, 1969

TREASURY FINANCING

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

There is quoted below a press statement issued today by the Treasury
Department in regard to current financing:
TREASURY BILL OFFERING OF $1.8 BILLION
The Treasury announced today that a total of $1.8 bil­
lion -will be added to six outstanding weekly series of Treas­
ury bills. These are the series which mature May 8 to June 12,
1 9 6 9 , inclusive. They will be reopened in the amount of $300million each — a total of $1.8 billion.
The auction will be on Tuesday, March 25, with payment on
March 31* In this "strip” offering, subscribers will put in
for equal amounts of each of the six series of bills being
reopened. Commercial banks may pay for their own purchases
and for their customers’ purchases by crediting Treasury Tax
and Loan Accounts.
The official announcement and tender forms for the $1.8 billion strip
of Treasury bills to be issued on March 31? 19^9? will be mailed Wednesday,
March 19, 19&9* Tenders for the additional bills will be received at this
bank and its branches at El Paso, Houston, and San Antonio up to twelvethirty p.m., Central Standard Time, Tuesday, March 25? 1 9 6 9 * Tenders may
not be entered by telephone.
Yours very truly,
P. E. Coldwell
President

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