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FED ERAL R ESER V E BANK OF NEW YORK r Circular No. 5 7 0 5 L October 1, 1965 ”1 J FEDERAL FARM LOAN BONDS — Redemption of October 20 Maturity — Offering of New Bonds To All Banks and Trust Companies, and Others Concerned, in the Second Federal Reserve District: A t the request of the 12 Federal Land Banks, transmitted to us by the Treasury Department, we bring to your attention the following notice: An issue of $160 million consolidated Federal farm loan 4 percent bonds dated October 20, 1960, will mature on October 20, 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 October 20, 1965. The new bonds will be offered for cash, no preference being given holders of the maturing issue. The offering will comprise $219 million of bonds to be dated October 20, 1965, and to mature September 20, 1966. The bonds will be offered by the banks’ Fiscal Agent, John T. Knox, One Chase Manhattan Plaza, New York, N. Y . 10005, through an organized dealer group, at a price of 100. The interest rate of the issue will be announced on or about October 7. Additional copies of this circular will be furnished upon request. A lfred H a y e s , President.
@FedFRASER