Full text of Federal Reserve Bank of New York Circulars : 6358. Federal Farm Loan Bonds

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FE D E R A L R E S E R V E BANK
OF N EW YORK

C i r c u l a r N o . 6358
J u n e 27, 1969

F E D E R A L FARM LOAN BONDS
—R edem ption o f July 15 Maturities
—O ffering o f New B on ds

To All Banks and Trust Companies, and Others Concerned,
in the Second Federal Reserve District :

At the request of the twelve Federal Land Banks, transmitted to us by the
Treasury Department, we bring to your attention the following notice:
The following issues of consolidated Federal farm loan bonds will mature
July 15, 1969:
$60 million 4 5/8 percent dated July 15, 1957
$12 9.5 million 4 1/4 percent dated February 23, 1965
$200 million 6.70 percent dated January 20, 1969
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 con­
solidated Federal farm loan bonds for delivery July 15, 1969. The new bonds
will be offered for cash, no preference being given holders of the maturing
issues. The offering will com prise $270 million of bonds due August 20, 1970,
and $270 million of bonds due July 20,1971, both issues to be dated July 15, 1969.
The bonds will be offered by the Banks’ Fiscal Agency, at One Chase Man­
hattan Plaza, New York, N. Y. 10005, through an organized dealer group. The
interest rates and offering p rices of the issues will be announced on or about
July 2.
Additional copies of this circular will be furnished upon request.




ALFRED HAYES,
President.