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FEDERAL RESERVE BANK OF DALLAS
FISC AL. A G E N T O F TH E U N IT E D S T A T E S

Dallas, Texas, April 15, 1966

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

A t the request of the twelve Federal Land Banks, the following notice is given with
respect to the maturity on M ay 2, 1966, of the consolidated Federal Farm Loan 4.35 percent
bonds dated June 21, 1965, and the consolidated Federal Farm Loan 3 Vi percent bonds
dated M ay 1, 1958, and the plans of the Federal land banks to provide funds for the
redemption of these maturing bonds:
Consolidated Federal Farm Loan 4.35 percent bonds dated June 21, 1965,
in the amount of $117 million, and 3 Vi percent bonds dated M ay 1, 1958, in the
amount of $108 million, will mature M ay 2, 1966. 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 con­
solidated Federal Farm Loan bonds for delivery M ay 2, 1966. The new bonds
will be offered for cash, no preference being given holders of the maturing issues.
The offering will comprise $242 million of 5 Vi percent bonds due M ay 20, 1968,
and $150 million of 5V4 percent bonds due April 20, 1978, both issues to be
dated M ay 2, 1966.
The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One
Chase Manhattan Plaza, New York, New York, 10005, through an organized
dealer group, at prices to be announced on or about April 20.

F E D E R A L R E S E R V E B A N K OF D A L L A S
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)