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FEDERAL RESERVE BANK
OF N EW YORK

r Circular N o. 6 0 7 2 ~1
1~ December 6, 1967 J

FEDERAL FARM LOAN BONDS

— Redemption of December 20 Maturity
— Offering of New Bonds

To All Batiks 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:
An issue of $239 million eonsolidated Federal farm loan 5 % percent bonds dated
December 20, 1966, will mature December 20, 1967. These bonds may be redeemed through
the Federal Reserve Banks and Branches or the Treasurer of the United States, Washington,
D. C. 20220.
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 December 20, 1967. The new bonds will be offered for cash,
no preference being given holders of the maturing issue. The offering will comprise $362
million of 6.20 percent bonds dated December 20, 1967, due April 20, 1970.
The bonds will be offered by the Banks’ Fiscal Agent, Robert W . Gilmore, One Chase
Manhattan Plaza, New York, N. Y . 10005, through an organized dealer group, at a price
to be announced on or about December 7.

Additional copies of this circular will be furnished upon request.




A lfred H a y e s ,

President.