Full text of Federal Reserve Bank of New York Circulars : 6710. Amendment to Treasury's Weekly Bill Offering

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FEDERAL RESERVE BANK
OF NEW YORK
F i s c a l Agen t of the United State s

Circular No. 6710
April 2, 1971

AMENDMENT TO TREASURY'S W EEKLY BILL OFFERING

To All Incorporated Ranks and Trust Companies, and Others
Concerned, in the Second Federal R eserve District:
The following statement was issued yesterday by the Treasury Department:
The Treasury Department, by this public notice, amends its invitation
for tenders dated March 30, 1971, for weekly Treasury bills.
The aggregate amount of
$3,600,000,000 in place of the
nouncement. The amount of
$2,000,000,000, or thereabouts,
March 30.

tenders invited for the two series shall be
$3,500,000,000 invited in the March 30 an­
tenders invited for 91-day bills shall be
instead of $1,900,000,000 as announced on

This amendment will conform the invitation to the Treasury’ s release
of March 16, 1971, announcing that $200 million would be added to each of
four successive weekly offerings of Treasury bills beginning with the
auction of March 22.

The invitation for tenders dated March 30, 1971, referred to above, was
contained in our Circular No. 6707, which was sent to you on that date.




Alfred Hayes,
President.