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FEDERAL RESERVE BAN K O F DALLAS
FISCA L A GENT OF THE UNITED STATES
DALLAS. TEXAS 7 5 2 2 2

Circular No. 68-171
August 2, 1968

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 vith respect to the maturity on August 20, 1968 , of an
issue of consolidated Federal farm loan bonds and the plans of the
Federal Land Banks to provide funds for the redemption of these matur­
ing bonds:
An issue of $160 million consolidated Federal farm loan k-l/k
percent bonds dated August 20, 196 k, will mature August 20, 19 6 8 .
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
August 20, 1 9 6 8 . The new bonds will be offered for cash, no pref­
erence being given holders of the maturing issue. The offering will
comprise $229*5 million of bonds dated August 20, 1968, due February 15,
1972.
The bonds will be offered by the banks’ Fiscal Agency at One
Chase ^fenhattan Plaza, New York, New York 10005, through an organ­
ized dealer group. The interest rate and offering price will be
announced on or about August J .
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)