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FE D E R A L R E S E R V E BANK O F N EW YORK Fiscal A gent of the United States r Circular No. 5 1 2 8 "I L December 27, 1961 J UNITED STATES SAVINGS BONDS, SERIES H Second Amendment to Treasury Department Circular No. 905 Fourth Amendment to Treasury Department Circular No. 530 To Issuing and P a yin g A g en ts fo r Savings Bonds in the Second Federal R eserve D istrict: Enclosed are copies of amendments to two Treasury Department circulars: Second Amendment to Department Circular No. 905, and Fourth Amendment to Department Circular No. 530. The amendments give effect to the Treasury’s recent announcement that starting January 1, 1962, the amount o f Series H savings bonds that may be purchased annually by any one buyer has been increased from $10,000 to $20,000. Additional copies of the enclosed amendments will be furnished upon request. A lfred H a y e s , President. UNITED STATES SAVINGS BONDS SERIES H 1961 Second Amendment to Department Circular No. 905 Second Revision, dated September 23, 1959 T reasu ry O F F IC E D e p a rtm e n t, OF T H E OECRETARYj Washington, November 17, 1961. * ’ ’ Fiscal Service Bureau of the Public Debt In Sec. 332.7, p a ra g ra p h (a) is h e re b y a m en d ed , e ffectiv e J a n u a ry 1, 1962, to read as follow s: S ec. 332.7. Limitation on holdings.— T h e lim its on th e a m o u n t o f a n y Series H b o n d s orig in a lly issued d u rin g a n y o n e ca len d a r y e a r th a t m a y b e h eld b y a n y on e p erson a t a n y on e tim e (w h ich w ill b e co m p u te d in a c c o r d an ce w ith th e reg u la tion s cu rre n tly in fo r c e g o v e rn in g U n ite d S tates S a v in g s B o n d s )2 are: (a) General limitation.— $2 0 ,0 0 0 (m a tu r ity v a lu e) fo r th e ca len d a r y e a r 1962 an d each ca len d a r y e a r th erea fter. ROBERT V. ROOSA, Acting Secretary of the Treasury. 2 Department Circular No. 530. U.S. GOVERNMENT PRINTING OFFICE: 1961 REGULATIONS GOVERNING UNITED STATES SAVINGS BONDS 1961 Fourth A m endm ent to D epartm ent Circular N o. 530 Eighth R evision, dated D ecem ber 2G, 1957 T reasury O ffic e D epartm ent, o f th e S e c re ta ry , Washington, November 17, 1961. Fiscal Service Bureau o f the P u b lic D eb t In Sec. 315.10, p aragraph (b ) is hereby- am en ded, effective Ja n u a ry 1, 1962, to read as follow s: Sec. 315.10. Amount which may beheld.—- siv e ; $20,000 (m a tu rity valu e) fo r the calen dar y ea r 1962 and each calen dar y e a r thereafter. ROBERT V. ROOSA, Acting Secretary of the Treasury. 5 Effective M ay 1, 1957. Accordingly investors who purchased $20,000 (maturity value) of bonds of Series E bearing issue dates of January 1 through April 1 $ $ $ $ $ were not entitled to purchase additional bonds of that series during 1957. The same limitation applies to bonds of Series H bearing those issue dates. Inves (b ) Series H .— $20,000 (m a tu rity va lu e) for tors who purchased less than $10,000 (maturity value) of bonds of either series prior to M ay 1 were entitled each calen d ar y ea r up to and in clu d in g the only to purchase enough of either series to bring their calen d ar y ea r 1956; $10,000 (m a tu rity valu e) total for that series for 1957 to $10,000 (maturity fo r the calen dar years 1957 5 to 1961, in clu value). U .S. GOVERNMENT PRINTING OFFICE* 1 9 fi
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