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FEDERAL RESERVE BANK OF NEW YORK r Circular No. 5 3 2 5 "1 April 12, 1963 J L FEDERAL FARM LOAN BONDS — Redemption of May 1 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 $122 million consolidated Federal farm loan 2 % percent bonds dated May 1, 1958, will mature on May 1, 1963. These bonds may be redeemed through the Federal Reserve Banks and Branches or the Treasurer of the United States, W ashington, D. C. Funds fo r the redemption o f the maturing bonds and for other requirements will be provided by the Federal Land Banks through a public offering of consolidated Federal farm loan bonds for delivery May 1, 1963. The new bonds will be offered for cash, no preference being given holders o f the maturing issue. The offering will comprise $186 million o f 4 percent bonds dated May 1, 1963, due June 20, 1968. 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 A p ril 18. Additional copies of this circular will be furnished upon request. A lfred H ayes, President.
@FedFRASER