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Fe d e r a l

reserve b a n k of

Dallas

FISC A L AGENT O F T H E UNITED STATES
DALLAS. TEXAS 7 5 2 2 2

Circular No. 69-159
June 28, 1969
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 July 15, 1969* of
issues of consolidated Federal farm loan bonds and the plans of the
Federal Land Banks to provide funds for the redemption of these matur­
ing b o nds:
"The following issues of consolidated Federal farm loan bonds will
mature July 15, 19691
$60 million ^ 5 /8 percent
datedJuly 15,
1957
$129-5 million ^ ± / b percent dated February 23, 1965
$200 million 6 . 7 0 percent dated January 20, 1969
These bonds may be redeemed through the Federal Reserve banks and
branches or the Treasurer of the United States, Washington, D. C. 20220.
Funds for the redemption of the maturing bonds and for other require­
ments will be provided by the Federal Land Banks through a public offer­
ing of consolidated Federal farm loan bonds for delivery July 15, 1 9 6 9 *
The new bonds will be offered for cash, no preference being given holders
of the maturing issues. The offering will comprise $270 million of bonds
due August 20, 1970, and $270 million of bonds due July 20, 1971> both
issues to be dated July 15, 1969*
The bonds will be offered by the banks' Fiscal Agency at One
Chase Manhattan Plaza, New York, New York 10005, through an organized
dealergroup. The interest rates and offering prices of the issues will
be announced on or about July 2."
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)