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FEDERAL RESERVE B AN K 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
DA LLAS. TEXAS

75222

Circular No. 69-2
January 3 , 1-9&9
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 January 20, 19^9, 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 $3^-1 million consolidated Federal farm
loan ^ 3A percent bonds dated May 22, 19&7, will mature
January 20, 19&9* 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 January 20, 19&9* l ie nev bonds
^
will be offered for cash, no preference being given holders
of the maturing issue. The offering will comprise $200
million of bonds due July 15, 19^9, and $17^ million of
bonds due June 22, 1970, both issues to be dated January 20,
1969.
The bonds will be offered by the banks’ Fiscal Agency at
One Chase flfenhattan Plaza, New York, New York 10005, through
an organized dealer group. The interest rates and offering
prices of the issues will be announced on or about January 8.

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)


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