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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)