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FEDERAL RESERVE BANK OF NEW YORK f Circular No. 5 8 6 6 1 L September 2, 1966 J FED ERAL FARM LOAN BONDS —Redemption of September 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 $219 million consolidated Federal farm loan 4.55 percent bonds dated October 20, 1965, will mature September 20, 1966. These bonds may be redeemed through the Federal Reserve Banks and Branches or the Treasurer o f the United States, W ashington, D. C. 20220. 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 September 20, 1966. The new bonds will be offered for cash, no preference being given holders o f the maturing issue. 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. The details o f the offering will be announced on or about September 8. Additional copies of this circular w ill be furnished upon request. A jlf r e d H ayes, President.
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