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federal

Re s e r v e

bank of

Da l l a s

FISCAL AGENT OF THE UNITED STATES
DALLAS, TEXAS 7 5 2 2 2

Circular No, 68-113
m y 3 , 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 with respect to the maturity on May 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 ma­
turing bonds:
An issue of $2^2 million consolidated Federal farm loan
5 - l A percent bonds dated May 2, 1966, will mature May 20,
1 9 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 May 20, 1 9 6 8 . The new bonds will be offer­
ed for cash, no preference being given holders of the maturing
issue. The offering will comprise $ 3 ^ million of bonds dated
May 20, 1 9 6 8 , due February 20, 1970.
The bonds will be offered by the banks* Fiscal Agency,
One Chase Manhattan Plaza, New York, New York 10005, through
an organized dealer group. The interest rate and offering
price will be announced on or about May 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)