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FEDERAL RESERVE BANK OF NEW YORK r Circular N o. 5 2 9 6 1 I February 1, 1963 J FEDERAL FARM LOAN BONDS — Redemption of February 20 Maturity — Offering of New Bonds To All Banks and Trust Companies, and Others Concerned, in the Second Federal Reserve D istrict: A t the request of the twelve Federal Land Banks, transmitted to us by the Treasury Department, we bring to your attention the following notice: A n issue o f $115 million consolidated Federal farm loan 3 % percent bonds dated June 20, 1961, will mature on February 20, 1963. These bonds may be redeemed through the Federal Reserve Banks and Branches or the Treasurer o f the United States, W ash ington, D. C. Funds for the redemption o f the maturing bonds and for other requirements will be provided by the Federal Land Banks through a public offering o f consolidated Federal farm loan bonds for delivery February 20, 1963. The new bonds will be offered fo r cash, no preference being given holders of the maturing issue. The offering will comprise $148 mil lion o f 15-year 4 y8 percent bonds dated February 20, 1963, callable at par after 10 years. The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One Chase Manhattan Plaza, New Y ork 5, New York, through an organized dealer group, at a price to be announced on or about February 7. Additional copies of this circular will be furnished upon request. A lfred H a ye s, President.
@FedFRASER