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FED ER A L R ESE R V E BANK OF N EW YORK r Circular No. 5 6 8 7 T L August 6, 1965 J FEDERAL FARM LOAN BONDS — Redemption of August 23 Maturity — Offering of New Bonds To A ll Banks and Trust Companies, and Others Concerned, in the Second Federal R eserve D is tr ic t: A t the request of the twelve Federal Land Banks, transmitted to ns by the Treasury Department, we bring to your attention the following notice: A n issue of $159 million consolidated Federal farm loan 4 percent bonds dated August 20, 1964, will mature on August 23, 1965. These bonds may be redeemed through the Federal Reserve Banks and Branches or the Treasurer of the United States, Washington, D. C. Funds for the redemption of 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 August 23, 1965. The new bonds will be offered for cash, no preference being given holders of the maturing issue. The offering will comprise $239 million of 4% percent bonds dated August 23, 1965, due December 20, 1966. The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One Chase Manhattan Plaza, New York, New York 10005, through an organized dealer group, at a price to be announced on or about August 10. Additional copies of this circular will be furnished upon request. A lfr ed H a y e s , President.
@FedFRASER