View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FED ERA L R E SER V E BANK
O F NEW YORK
Fiscal A gen t of the U nited States

C ircular No. 4 3 5 1 1
J u ly 20, 1956
J

TREASURY’S CURREN T EXCHANGE O FFER IN G
P relim inary Figures on Exchanges of M aturing Issues

To All Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

The following statem ent was made public to d a y :
P relim inary figures show th a t about $12.1 billion of the T reasury notes
m aturing A ugust 15 and October 1 have been exchanged for the new twelve
and one-half-month 2% percent T reasury notes, leaving nearly $900 million
fo r cash redem ption.
F u rth e r details regarding the exchange will be announced next week
a fte r final reports are received.




F. T r e i b e r ,
F irst Vice President.

W illia m