The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FE D E RA L R E SE R V E BANK OF NEW YORK Fiscal Agent of the United States r C ircu lar N o . 5 0 3 3 "1 L M a y 4 , 1961 J TREASURY’ S CURRENT CASH OFFERING Amounts of Subscriptions and Bases of Allotments To All Lanlcing Institutions, and Others Concerned, in the Second Federal Reserve D istrict: The following statement wras made public today by the Treasury Department: Reports received from the Federal Reserve Banks show that subscriptions total about $13,824 million fo r the offering o f $5,250 million, or thereabouts, o f 3 percent Certificates o f Indebtedness o f Series A-1962, due May 15, 1962, and $12,889 m illion fo r the offering o f $2,500 million, or thereabouts, o f 3 1 4 percent Treasury Notes o f Series D-1963, due M ay 15, 1963. Total subscriptions accepted amount to about $5,510 m illion fo r the certificates and $2,750 m illion fo r the notes. The Treasury w ill allot in fu ll all subscriptions, totaling about $2,379 m illion fo r the certificates and $1,258 m illion fo r the notes, from States, political subdivisions or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the U nited States holds membership, foreign central banks and foreign States, Government Investment Accounts, and the Federal Reserve Banks, as provided in the offering circulars. On subscriptions fo r the certificates received subject to allotment, the Treasury announced a 27 percent allotm ent; except that subscriptions fo r $25,000 or less will be allotted in full, and subscriptions fo r more than $25,000 will be allotted not less than $25,000. On subscriptions fo r the notes received subj ect to allotment, the Treasury announced a 12 percent allotm ent; except that subscriptions fo r $25,000 or less will be allotted in full, and subscriptions fo r more than $25,000 will be allotted not less than $25,000. Details by Federal Reserve Districts as to subscriptions and allotments will be announced when final reports are received from the Federal Reserve Banks. Subscriptions were divided among various investor classes as follow s: Investor class 3 % C .o f I . 3 % % Notes Total (Am ounts in m illions) States, political subdivisions or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership, foreign central banks and foreign States, Government Investment Accounts, and the Federal Reserve B a n k s ............................................. ........... Commercial banks fo r their own a c c o u n t................. ........... A ll o t h e r s ........................................................................... ........... $ 2,379 7,375 4,070 $ 1,258 7,258 4,373 $ 3,637 14,633 8,443 ........... $13,824 $12,889 $26,713 T otal ..................................................................................... A lfred H ayes, President.
@FedFRASER