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FEDERAL RESERVE BANK
OF NEW

YORK

Fiscal A gen t o f the U nited States
J" Circular No. 5 0 8 9 "I
L September 28, 1961 J

Final Results of Treasury’s Current Advance Refunding

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

The following statement was made public today by the Treasury Department:
The Treasury Department announced today the results of the current advance refunding offer of
additional amounts of:

3!/2 percent Treasury Bonds of 1980, due November 15, 1980,
3 percent Treasury Bonds of 1990, due February 15, 1990, and
3 percent Treasury Bonds of 1998, due November 15, 1998,
in exchange for:
2 percent Treasury Bonds of 1965-70, and
percent Treasury Bonds of 1966-71.

y%
y2
2y?

Total subscriptions amount to $3,757.6 million, which includes $2,827.1 million, or 51.1 percent of
holdings, exchanged by public holders, and $930.5 million exchanged by Government Investment
Accounts.

FederalReserveDistrict
Boston ...............
New York.............
Philadelphia ...........
Cleveland .............
Richmond.............
Atlanta ...............
Chicago ..............
St. Louis..............
Minneapolis ............
Kansas City............
Dallas ................
San Francisco ..........
Treasury ............
Gov’t Inv. Accts........
T o t a l s ..................................




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$ 231,855,000
359,286,500
30,895,500
33,597,000
11,256,000
5,483,000
41,288,500
6,054,500
5,857,000
7,028,000
33,864,500
22,568,000
5,088,500
480,350,000

$

90,558,000
752,229,500
61,215,000
22,846,000
40,220,000
7,931,500
55,189,000
13,761,500
5,822,500
38,526,500
32,760,000
13,502,500
1,303,000
160,580,500

$1,274,472,000

$1,296,445,500

$

14,576,000
645,101,000
12,907,500
66,194,000
5,616,000
7,483,000
20,235,500
2,290,000
1,081,000
34,105,000
23,884,500
44,944,500
18,722,500
289,535,000

$1,186,675,500

A lfred H ayes,

President.