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FEDERAL RE SER VE BANK OF NEW YORK F isca l A g e n t o f the U n ite d States r Circular N o. 3 5 29 *1 L January 16, 1950 J ANNOUNCEMENT REGARDING NEW TREASURY OFFERING T o all Banking Institutions, and Others Concerned, in the Second Federal R eserve D istrict: The following announcement by the Secretary of the Treasury was given to the press on January 13, 1950: Secretary o f the Treasury Snyder announced today that the V/± percent, one-year Treasury certificates o f indebtedness m aturing February 1, will be refunded into a 1 % percent, twenty-month Treasury note maturing on October 1, 1951. Official circulars and subscription forms covering this offering will be mailed so as to reach all banking institutions on January 20, 1950, the day the subscription books will open. A llan S proul, President.
@FedFRASER