The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 10113 December 3, 1986 OFFERING OF TWO SERIES OF TREASURY BILLS $7,8®©,©®®,®©© off 91-Day Bills, To Be Issued December 11, 1986, Due March 12, 1987 $7,8©®,®®©,©®© off 182-Day Bills, To Be Issued December 11, 1986, Due June 11, 1987 To A ll Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The following notice has been issued by the Treasury Department: The Department of the Treasury, by this public notice, invites tenders for two series of Treasury bills totaling approximately $15,600 million, to be issued December 11, 1986. This offering will provide about $550 million of new cash for the Treasury, as the maturing bills are outstanding in the amount of $15,056 million. Tenders will be received at Federal Reserve Banks and Brandies and at tie Bureau off the Public Debt, Washington, B.C. 2©239, prior to 1:0® p.m., Eastern Standard time, Monday, December 8, 1986. The two series offered are as follows: 91-day bills (to maturity date) for approximately $7,800 million, representing an addi tional amount of bills dated September 11, 1986, and to mature March 12, 1987 (CUSIP No. 912794 MA 9), currently outstanding in the amount of $7,822 million, the additional and original bills to be freely interchangeable. 182-day bills (to maturity date) for approximately $7,800 million, representing an addi tional amount of bills dated June 12, 1986, and to mature June 11, 1987 (CUSIP No. 912794 MP 6), currently outstanding in the amount-of $9,417 million, the additional and original bills to be freely interchangeable. The bills will be issued on a discount basis under competitive and noncompetitive bidding, and at maturity their par amount will be payable without interest. Both series of bills will be issued entirely in book-entry form in a minimum amount of $10,000 and in any higher $5,000 multiple, on the records either of the Federal Reserve Banks and Branches, or of the Depart ment of the Treasury. The bills will be issued for cash and in exchange for Treasury bills maturing December 11, 1986. Tenders from Federal Reserve Banks for their own account and as agents for foreign and international monetary authorities will be accepted at the weighted average bank discount rates of accepted competitive tenders. Additional amounts of the bills may be issued to Federal Reserve Banks, as agents for foreign and international monetary authorities, to the extent that the aggregate amount of tenders for such accounts exceeds the aggregate amount of maturing bills held by them. Federal Reserve Banks currently hold $1,754 million as agents for foreign and international monetary authorities, and $4,011 million for their own account. Tenders for bills to be maintained on the book-entry records of the Department of the Treasury should be submitted on Form PD 4632-2 (for 26-week series) or Form PD 4632-3 (for 13-week series). This Bank will receive tenders at the time indicated in the above notice at the Securities Depart ment of its Head Office and at its Buffalo Branch. Tender forms for both series are enclosed. Please be sure to use them to submit tenders and return them in the enclosed envelope. Forms for submitting tenders directly to the Treasury are available from the Government Bond Division of this Bank. Tenders may not be submitted by telephone. Settlement must be made in cash or other immediately available funds or in maturing Treasury securities. Treasury Tax and Loan Note Option Depositaries may make payment for Treasury bills by credit to their Treasury Tax and Loan Note Accounts. A document containing the standard terms and conditions of Treasury bill offerings may be obtained from the Circulars Division of this Bank. Results of the previous weekly offering are shown on the reverse side of this circular. E. Gerald Corrigan , President. (Over) RESULTS OF LAST WEEKLY OFFERING OF TREASURY HELLS (TWO SERIES TO BE ISSUED DECEMBER 4, 1986) » ItftSPMTE MUAII in e e a b a s ' i , le g ® n u i t i M ' i t s e n f f o m , a0 § ? o t § Xeatoa 8@s §§,@3 S million @g il°tsofe bill* oe>(! i§ g &§8§5,§ BlUlOR ®g 8S=533ok feMSlOs fe§6fe 6® feo Issued @a gg^esfess 6, 1980 „ oasg «@eapte4 e@^a^0 KANOS OF ACCEPTED SSwsoGk m i o o o K F tT m v c m m * 8i|°coafe u m p a j(B j# !i_ g 6 > o K &ga? M o e lS i S w a o ia e s ^ j m o ___ tea Bl|ti B.%n to ss o p ^JM a 1 /. p z& m & m Jono 4 , Mieount m im is n t m eo 8.418 g,9SS 9,108 0is„643 98.638 8 ,m S .m 9 8 ,0 9 9 ® s = 8 lo g y = mti m t * I »6tX § .m So m M u ©7 . 1 a© § ? .i4 o § 7 , 2*0 g! Excepting t fceate ®2 f 800,000, fomiQZB at %ho high ditcw nt r*t« t o iS ^ sik b ills «ttg §Uou$d *o*. f^® r§ q% fcfoG) M fh dilGQWit ?q! q fQr %bo 2<Hw«k bill® ttm all@££@$ 701 * ? S « a t R s e iiv ie » A ra ra t CIs Thousands) &MHM Boston Htir f@e& M M M $ 3?,3<S0 I 87,340 7,650,100 FhiUdtlpbia 11*760 tUbUdftd 11*010 64,361 Atlanta Shi©eg© lie im m m i 1,5S6,370 33«9fQ 31J60 I7,*9§ L O y l© Minnsapell® Kansas £ie§? P&liae 5cm ^rAtift&tep tfis s y r i MS mm » * I I f , 860 s 29,811,481 19,760 8 1 4 ,0 7 9 81,440 04,110 > 29,081 * 3 9 ,4 1 1 16,168 144,870 17,900 18,160 87,698 38,388 Aegsme® m * tv * 4 * I 16,873 89,883 33,111 31,030 ss,ese ! 1,336,S03 1 « 883,313 S3,300 87,97s ! 92,445 m ,? ie f 1 81,735 1,880,608 304.998 8 _ m m 89,180 6 ,8 6 1 ,9 2 1 17,800 10,079 91,141 19.2S9 806,309 — 875.330 626.345,695 00,020,940 s |i8,46?,0gg 60,000,779 Cofcp«TftI?e 129,840,080 14,189,180 __ §4,144,343 947,415 8 8 2 4 ,6 4 7 ,4 0 0 Mencoapnitivi • _ J S M 1 s IS T T s T IT fff - &E& S u b t o t a l „ P sjfetee PelsffQi Ree®m &©s,oa,0si s g f i a e i o i S n o e te a tte io TOTAL! y I M T sT I T S M 3,031,900 • 11,811,760 M 2JM 64,887,079 2,031,900 * 1 ,0 0 0 ,te e 1 ,1 0 0 ,0 0 0 im fig 9 7 ,3 0 0 j - J b m jflB =kH M £S § 2 8 ,3 4 9 ,4 9 8 $ 8 ,0 8 6 ,9 6 0 « 1 8 0 ,4 6 7 ,0 9 3 16,809,773 Equivalent coupon^ Oiue plaid,
@FedFRASER