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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)