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FEDERAL RESERVE BANK OF N E W YORK No. 5 9 4 0 1 [Circular February 3, 1967 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: At the request of the twelve Federal Land Banks, transmitted to us by the Treasury Department, we bring to your attention the following notice: Issues o f $126 million consolidated Federal farm loan 4^4 percent bonds dated A p ril 20, 1965, and $125 million consolidated Federal farm loan 5.60 percent bonds dated June 20, 1966, will mature February 20, 1967. 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 fo r 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, 1967. The new bonds will be offered fo r cash, no preference being given holders o f the maturing issues. The offering will comprise $285 million o f 5 percent bonds dated February 20, 1967, due January 22, 1979. The bonds will be offered by the Banks’ Fiscal Agent, John T. Knox, One Chase Man hattan Plaza, New York, N. Y . 10005, through an organized dealer group, at a price to be announced on or about February 9. Additional copies of this circular will be furnished upon request. A lfred H ayes, President.
@FedFRASER