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FEDERAL RESERVE BANK OF DALLAS F IS C A L AGENT O F THE UNITED STATES Dallas, Texas, October 1,1965 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 October 20, 1965, of the consolidated Federal Farm Loan 4 per cent bonds dated October 20, 1960, and the plans of the Federal land banks to provide funds for the redemption of these maturing bonds: An issue of $160 million consolidated Federal Farm Loan 4 percent bonds dated October 20, 1960, will mature on October 20, 1965. These bonds may be redeemed through the Federal Reserve Banks and Branches or the Treasurer of the United States, Washington, D.C. 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 consoli dated Federal farm loan bonds for delivery October 20, 1965. The new bonds will be offered for cash, no preference being given holders of the maturing issue. The offering will comprise $219 million of bonds to be dated October 20, 1965, and to mature September 20, 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 a price of 100. The interest rate of the issue will be announced on or about October 7. FEDERAL RESERVE B AN K 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)
@FedFRASER