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FEDERAL RESERVE BANK OF N EW YORK Fiscal Agent of the United States r Circular No. 0025 "I L August 24, 1967 J Results of Treasury’s Cash Offering of 5 % % Notes To All Banking Institutions, and Others Concerned, in the Second Federal Reserve D istrict: I he following statement was made public today by the Treasury Department: The Treasury today announced a 38 percent allotment on subscriptions in excess o f $100,000 for the current cash offering of $2.5 billion, or thereabouts, of 5 % percent Treasury Notes of Series C -1 9 7 1 , due February 15, 1971. Subscriptions for $100,000 or less will be allotted in full. Subscriptions for more than $100,000 will be allotted not less than $100,000. The total amount o f subscriptions accepted is about $2,498 million. Reports received thus far from the Federal Reserve Banks show that subscriptions for the notes total $5,990 million, o f which $4,603 million were received from commercial banks fo r their own account and $1,387 million from all others. Details by Federal Reserve Districts as to subscriptions and allotments will be announced next week. A lfred H ayes, President.
@FedFRASER