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FEDERAL RESERVE BANK

y

OF N EW YORK

V

Fiscal Agent of the United States

r Circular No. 60 1 2 ~l
u August 2,1967 J

TREASURY’S CURRENT CASH OFFERING
Amounts of Subscriptions and Bases of Allotments

To All Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

The following statement was made public today by the Treasury Department:
Reports from the Federal Reserve Banks show that subscriptions total $15,609 million for
the offering of $9,600 million, or thereabouts, of 5*4 percent Treasury Notes of Series D-1968,
due November 15, 1968. The total amount of subscriptions accepted is about $9,870 million.
The Treasury will allot in full, as provided in the offering circular, $6,324 million of sub­
scriptions from States, political subdivisions or instrumentalities thereof, public pension and
retirement and other public funds, international organizations in which the United States holds
membership, foreign central banks and foreign States, Government Investment Accounts, and the
Federal Reserve Banks, where the required certification of ownership of securities maturing
August 15, 1967 was made.
On subscriptions received subject
$100,000, and other subscriptions will
allotment of $100,000 per subscription.
banks for their own account and $3,364

to allotment, the Treasury will allot in full those up to
be subject to a 35 percent allotment, with a minimum
These subscriptions total $5,921 million from commercial
million from all others.

Details by Federal Reserve District as to subscriptions and allotments will be announced
later this month.




A

lfred

H

ayes,

President.
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