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FEDERAL RESERVE BANK OF DALLAS
FISCAL AGENT OF THE UNITED STATES
DALLAS, TEXAS 75222

Circular Wo. 67-2^5
December 6, 1967

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 December 20, 1967,
an issue of consolidated Federal Farm Loan bonds and the plans of the
Federal Land banks to provide funds for the redemption of these maturing
bonds:
An issue of $239 million consolidated Federal farm loan
5 7 / 8 percent bonds dated December 20, 1966, will mature
December 20, 1967* 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 requirements will be provided by the Federal land banks
through a public offering of consolidated Federal farm loan
bonds for delivery December 20, 1967. The new bonds will be
offered for cash, no preference being given holders of the
maturing issue. The offering will comprise $362 million of
6.20 percent bonds dated December 20, 19&7, due April 20,
1970.
The bonds will be offered by the banks' Fiscal Agent,
Robert W. Gilmore, One Chase Manhattan Plaza, New York, New
York 10005, through an organized dealer group, at a price to
be announced on or about December 7*

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)