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federal

Re s e r v e

bank of

Da l l a s

F IS C A L A G E N T O F T H E U N IT E D S T A T E S
D A L L A S. T E X A S 7 5 2 2 2

Circular No. 68-210
October
1968

k,

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 21, 1 9 6 8 , 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 maturĀ­
ing bonds:
An issue of $407 million consolidated Federal farm loan 5~l/2
percent bonds dated July 20, 1 9 6 7 * will mature October 21, 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
October 21, 1 9 6 8 . The new bonds will be offered for cash, no preferĀ­
ence being given holders of the maturing issue. The offering will
comprise $446.5 million of bonds dated October 21, 1 9 6 8 , due October 20,
1971.
The bonds will be offered by the banks' Fiscal Agency at One Chase
flfenhattan Plaza, New York, New York 10005, through an organized dealer
group. The interest rate and offering price of the issue will be
announced on or about October 9*
FEDERAL RESERVE BANK OF DALLAS
Fiscal Agent of the United States

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