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FE D E R A L R E SE R V E BANK
OF NEW YORK
Fiscal Agent of the United States

6111

r C ircu la r N o . 4
L
Ju n e 16, 1953

478 PERCENT FNMA NOTES OF SERIES ML-1958-B
— Redemption at Maturity, June 26. 1958
— No New Issue to be Offered

To A ll Banking In stitution s, and Others Concerned,
in the Second Federal R eserve D istrict:

The follow in g statement was made public tod a y:
The Federal National Mortgage Association announced today that the
$802,061,000 o f outstanding 4% percent Series ML-1958-B Management
and Liquidating Functions Notes dated October 29, 1957, will be redeemed
at maturity, June 26, 1958.
According to FNM A President J. Stanley Baughman no part of this
issue will be refunded, nor w i l l there be any other public financing by the
agency in connection with this redemption. Both principal and interest
will be payable at any Federal Reserve Bank or Branch or at the U. S.
Treasury Department.




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