View original document

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

FED ERA L RESERV E BANK
O F NEW

YORK

Fiscal A gent of the U nited States
rCircular No. 6 4 9 2 "1
L February 19, 1970 J

S u b s c r i p t i o n F i g u r e s f o r T r e a s u r y ’s C u r r e n t E x c h a n g e

O ffe rin g

To A ll B ankin g In stitution s, and Others Concerned,
in the Second Federa l Eeserve D is tric t:

T h e fo llo w in g s ta te m e n t w a s m a d e p u b lic F e b r u a r y 17 b y th e T r e a s u r y D e p a r t m e n t :
The results of the T re asu ry ’s cu rren t exchange offering of
8*4% notes dated F eb ru ary 15, 1970, m aturing A ugust 15, 1971,
8V8% notes dated F eb ru a ry 15, 1970, m aturing A ugust 15, 1973, and
8% notes dated F eb ru a ry 15, 1970, m aturing F eb ru a ry 15, 1977,
are sum m arized in the following tables.
________ Exchanged fo r _________

Issues elig ib le
fo r exchange

Amount
eligib le
fo r exchange

8 *4%
Notes

8%
Notes

<?%%

Notes

F o r Cash Eedemption

Total

% of
total
outstanding

Total
amount

% of
public
holdings

(Dollar amounts in millions)
\° /o bonds, due 2-15-70..

2i/2% bonds, due 3-15-70
T o t a l .................

$4,382
2,280

$1,568
685

$1,235
594

$1,141
715

$3,944
1,994

$438
286

10.0
12.5

10.8
17.7

$6,662

$2,253

$1,829

$1,855

$5,938

$724

10.9

12.8

E xchanges

N otes

for

Fed era l Eeserve
D istrict

of

4% Bonds
o f 1970

Boston ....................................................
New York .............................................
P hiladelphia .........................................
C le v e la n d ...............................................
Richmond .............................................
A tlan ta ..................................................
Chicago ..................................................
St. Louis ...............................................
M inneapolis .........................................
K ansas City .........................................
D a lla s ......................................................
San Francisco .....................................
T reasury ...........................................
T o t a l .............................................

$

32,240,000
722,311,000
65,283,000
94,615,000
52,434,000
60,002,000
193,983,500
66,302,500
27,077,000
47,434,000
111,483,500
82,490,000
12,362,000

$1,568,017,500

S eries F-1971
Bonds
o f 1965-70

$ 29,006,000
391,102,000
22,608,000
13,113,000
18,288,000
9,008,000
72,919,500
27,232,500
5,386,000
24,589,000
7,168,500
62,591,000
1,854,000
$684,865,500

Total

$ 61,246,000
1,113,413,000
87,891,000
107,728,000
70,722,000
69,010,000
266,903,000
93,535,000
32,463,000
72,023,000
118,652,000
145,081,000
14,216,000
$2,252,883,000

E x c h a n g e s f o r 8Y g fo N o tes o f S eries B-1973
Federal Eeserve
D istrict

Boston ....................................................
New York .............................................
Philadelphia .........................................
C le v e la n d ...............................................
Richmond .............................................
A tlan ta ..................................................
Chicago ..................................................
St. Louis ...............................................
M inneapolis .........................................
Kansas City .........................................
D a lla s ......................................................
San Francisco .....................................
T reasury ...........................................
T o t a l .............................................



4% Bonds
of 1970

$

28,743,000
592,346,000
22,070,000
89,450,500
25,822,500
48,894,000
208,455,000
60,044,000
26,435,000
60,383,500
42,292,500
28,631,000
1,806,000

$1,235,373,000

Bonds
of 1965-70

$ 11,271,000
388,416,000
7,280,000
16,698,500
6,039,500
3,728,000
71,775,000
12,776,000
3,495,000
14,158,500
1,581,500
56,582,000
285,000
$594,086,000

Total

$

40,014,000
980,762,000
29,350,000
106,149,000
31,862,000
52,622,000
280,230,000
72,820,000
29,930,000
74,542,000
43,874,000
85,213,000
2,091,000

$1,829,459,000
( over)

E

x c h a n g e s for

Federal Reserve
District

Boston ....................................................
New York .............................................
Philadelphia .........................................
C le v e la n d ...............................................
Richmond .............................................
A tlan ta ..................................................
Chicago ..................................................
St. Louis ...............................................
Minneapolis .........................................
K ansas City .........................................
D a lla s ......................................................
San Francisco .....................................
T reasury ...........................................
T

o t a l




.............................................

8

%

N

otes of

4% Bonds
o f 1 97 0

$

S e r ie s

A-1977
Bonds
o f 1965-70

50,750,000$ 13,864,000
$
643,909,000
565,275,000
20,103,000
8,012,000
53,574,000
19,731,000
17,585,000
2,131,000
37,992,000
6,419,000
159,767,000
40,609,000
37,642,500
5,149,500
21,168,000
3,027,000
26,368,500
11,461,500
19,875,500
19,147,500
46,885,000
19,358,000
4,905,000
774,000

$1,140,524,500

$714,958,500

T o ta l

64,614,000
1,209,184,000
28,115,000
73,305,000
19,716,000
44,411,000
200,376,000
42,792,000
24,195,000
37,830,000
39,023,000
66,243,000
5,679,000
$1,855,483,000
A l fr e d H a y es,

President.