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FED ERAL RESERVE BANK O F NEW YORK Fiscal Agent of the United States r Circular No. 6 9 3 3 *1 L April 27, 1972 J AUCTION OF NOTES AND BONDS 4% P ercent T reasury Notes of Series E-1973 6 % P ercent Treasury Bonds of 1982, A dditional A m ount To A ll B anking Institutions, and Others Concerned, in the Second Federal Reserve D istrict: As announced in our Circular No. 6932, dated A pril 26, 1972, the T reasury will sell at auction, on Tuesday, May 2, under competitive and noncompetitive bidding — $1.25 billion of 4% percent Treasury Notes of Series E-1973, dated and bearing interest from May 15, 1972, maturing May 15, 1973; and up to An additional $500 million of 6% percent Treasury Bonds of 1982, dated February 15, 1972, with interest from May 15, 1972, m aturing February 15, 1982. The term s of the offerings are set forth in T reasury D epartm ent Circulars Nos. 5-72 and 6-72, Public Debt Series, both dated A pril 27, 1972; a copy of each is printed on the following pages. This Bank will receive tenders for the notes and bonds up to 1 :30 p.m., E astern D aylight Saving time, Tuesday, May 2, 1972, at the Securities D epartm ent of its H ead Office and a t its Buffalo B ranch; provided, however, th at noncom petitive tenders will be considered timely received if they are mailed to this Bank or its Branch under a postm ark no la te r than M ay 1. Please use the enclosed tender forms to submit tenders, and retu rn them in the enclosed envelope m arked “ Tender for T reasury Notes or B onds.” Tenders not requiring a deposit may be submitted by telegraph, subject to w ritten confirm ation; no tenders m ay be submitted by telephone. Settlem ent for accepted tenders must be completed on or before Monday, May 15, in cash, 4% percent T reasury Notes of Series B-1972, 6% percent T reasury Notes of Series D-1972, or other funds immediately available by th at date, except th at any qualified depositary will be perm itted to make settlement by credit in its T reasury Tax and Loan Account for notes or bonds allotted to it for itself and its customers. Any check payable to this Bank th a t is received at this Bank by W ednesday, May 10, will be considered timely, provided the check is drawn on a bank in the Second F ederal Reserve D istrict. Noncompetitive tenders for $200,000 or less for the notes, and for $50,000 or less for the bonds, will be accepted in full at the average price of accepted competitive tenders. A lfr ed H a y es, President. UNITED STATES OF AMERICA 4 % PERCENT TREASURY NOTES OF SERIES E-1973 D a te d an d b e a r in g in te re st fr o m M ay 1 5 , 1 9 7 2 D u e M ay 15 , 1 9 7 3 D EPA R T M EN T O F TH E TREASU RY, Office of the Secretary, Washington, April 27, 1972 d e p a rtm e n t c ir c u la r P u b lic D ebt S e rie s — No. I. s-72 4. Bearer notes with interest coupons attached, and notes registered as to principal and interest, will be issued in denominations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of notes of different denominations and of coupon and registered notes, and for the trans fer of registered notes, under rules and regulations prescribed by the Secretary of the Treasury. O FFER IN G O F N O T E S 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, invites tenders at a price not less than 99.76 percent of their face value for $1,250,000,000, or thereabouts, of notes of the United States, designated 4% percent Treasury Notes of Series E-1973. An additional amount of the notes will be allotted by the Secretary of the Treasury to Government accounts and Federal Reserve Banks at the average price of accepted tenders in exchange for Treasury notes maturing May 15, 1972. Tenders will be received up to 1 :30 p.m., East ern Daylight Saving time, Tuesday, May 2,1972, under competitive and noncompetitive bidding, as set forth in Section I I I hereof. The 4% percent Treasury Notes of Series B-1972 and 6% percent Treasury Notes of Series D-1972, m aturing May 15, 1972, will be accepted at par in payment, in whole or in part, to the extent tenders are allotted by the Treasury. II . 5. The notes will be subject to the general regula tions of the Department of the Treasury, now or hereafter prescribed, governing United States notes. III. 1. Tenders will be received at Federal Reserve Banks and Branches and at the Office of the Treasurer of the United States, Washington, D. C. 20220, up to the closing hour, 1 :30 p.m., Eastern Daylight Saving time, Tuesday, May 2, 1972. Each tender must state the face amount of notes bid for, which must be $1,000 or a multiple thereof, and the price offered, except that in the case of noncompetitive tenders the term “ noncompetitive” should be used in lieu of a price. In the case of competitive tenders, the price must be expressed on the basis of 100, with two decimals, e.g., 100.00. Tenders at a price less than 99.76 will not be accepted. Fractions may not be used. Noncompetitive tenders from any one bidder may not exceed $200,000. It is urged that tenders be made on the printed forms and forwarded in the special envelopes marked “ Ten der for Treasury Notes” , which will be supplied by Federal Reserve Banks on application therefor. D E S C R IP T IO N O F N O T E S 1. The notes will be dated May 15, 1972, and will bear interest from that date at the rate of 4% percent per annum, payable semiannually on November 15, 1972, and May 15, 1973. They will mature May 15, 1973, and will not be subject to call for redemption prior to maturity. 2. The income derived from the notes is subject to all taxes imposed under the Internal Revenue Code of 1954. The notes are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. 2. Commercial banks, which for this purpose are defined as banks accepting demand deposits, may sub mit tenders for account of customers provided the names of the customers are set forth in such tenders. Others than commercial banks will not be permitted to submit tenders except for their own account. Tend ers will be received without deposit from banking institutions for their own account, Federally-insured 3. The notes will be acceptable to secure deposits of public moneys. They will not be acceptable in pay ment of taxes. T E N D E R S AND ALLO TM ENTS 2 savings and loan associations, States, political sub divisions or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the United States holds mem bership, foreign central banks and foreign States, dealers who make p r i m a r y markets in Government securities and report daily to the Federal Reserve Bank of New York their positions with respect to Government securities and borrowings thereon, Fed eral Reserve Banks, and Government accounts. Tenders from others must be accompanied by payment (in cash or the securities referred to in Section I which will be accepted at par) of 5 percent of the face amount of notes applied for. to the Internal Revenue Service (an individual’s social security number or an employer identification num ber) is not furnished. In every case where full pay ment is not completed, the payment with the tender up to 5 percent of the amount of notes allotted shall, upon declaration made by the Secretary of the Treas ury in his discretion, be forfeited to the United States. Any qualified depositary will be perm itted to make settlement by credit in its Treasury Tax and Loan Account for notes allotted to it for itself and its customers. When payment is made with securities, a cash adjustment will be made to or required of the bidder for any difference between the face amount of securities submitted and the amount payable on the notes allotted. 3. Immediately after the closing hour tenders will be opened, following which public announcement will be made by the Department of the Treasury of the amount and price range of accepted bids. Those sub mitting tenders will be advised of the acceptance or rejection thereof. In considering the acceptance of tenders, those at the highest prices will be accepted to the extent required to attain the amount offered. Ten ders at the lowest accepted price will be prorated if necessary. The Secretary of the Treasury expressly reserves the right to accept or reject any or all tenders, in whole or in part, and his action in any such respect shall be final. Subject to these reservations, noncom petitive tenders for $200,000 or less without stated price from any one bidder will be accepted in full at the average price* (in two decimals) of accepted competitive tenders. V. 1. Registered securities tendered as deposits and in payment for notes allotted hereunder should be as signed by the registered payees or assignees thereof, in accordance with the general regulations of the Department of the Treasury, in one of the forms hereafter set forth. Securities tendered in payment should be surrendered at the Federal Reserve Bank or Branch or at the Office of the Treasurer of the United States, Washington, D.C. 20220. The securi ties must be delivered at the expense and risk of the holder. If the notes are desired registered in the same name as the securities surrendered, the assign ment should be to “ The Secretary of the Treasury for 4% percent Treasury Notes of Series E-1973” ; if the notes are desired registered in another name, the assignment should be to “ The Secretary of the Treasury for 4% percent Treasury Notes of Series E-1973 in the name o f ............................................... if notes in coupon form are desired, the assignment should be to “ The Secretary of the Treasury for 4% percent Treasury Notes of Series E-1973 in coupon form to be delivered to .............................. 4. All bidders are required to agree not to purchase or sell, or to make any agreements with respect to the purchase or sale or other disposition of any notes of this issue at a specific rate or price, until after 1 :30 p.m., Eastern Daylight Saving time, Tuesday, May 2, 1972. 5. Commercial banks in submitting tenders will be required to certify that they have no beneficial interest in any of the tenders they enter for the account of their customers, and that their customers have no beneficial interest in the banks’ tenders for their own account. IV . V I. G ENERA L P R O V IS IO N S 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive tenders, to make such allotments as may be prescribed by the Secretary of the Treasury, to issue such notices as may be necessary, to receive payment for and make delivery of notes on full-paid tenders allotted, and they may issue interim receipts pending delivery of the definitive notes. PAYM ENT 1. Settlement for accepted tenders in accordance with the bids must be made or completed on or before May 15, 1972, at the Federal Reserve Bank or Branch or at the Office of the Treasurer of the United States, Washington, D.C. 20220, in cash, securities referred to in Section I (interest coupons dated May 15, 1972, should be detached) or other funds immediately avail able by that date. Payment will not be deemed to have been completed where registered notes are re quested if the appropriate identifying number as re quired on tax returns and other documents submitted 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the of fering, which will be communicated promptly to the Federal Reserve Banks. CHARLS E. WALKER, Acting Secretary of the Treasury. * Average price may be at, or more or less than 100.00. A SSIG N M EN T O F R E G IS T E R E D SE C U R IT IE S 3 UNITED STATES OF AMERICA 6% PERCENT TREASURY BONDS OF 1982 D ated F eb ru ary 15 , 1 9 7 2 , w ith in terest fr o m M ay 1 5 , 1 9 7 2 D u e F eb ru ary 1 5 , 1 9 8 2 D EPA R TM EN T O F T H E TREASU RY, Office of the Secretary, Washington, April 27,1972 DEPA RTM EN T CIRCULAR Public D ebt Series — No. 6-72 I. “ 3. The bonds will be acceptable to secure de posits of public moneys. They will not be acceptable in payment of taxes. O FFER IN G O F B O N D S 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, invites tenders at a price not less than 97.76 percent of their face value for $500,000,000, or thereabouts, of bonds of the United States, designated 6% percent Treasury Bonds of 1982. An additional amount of the bonds may be allotted by the Secretary of the Treasury to Government Accounts and Federal Reserve Banks at the average price of accepted tenders in exchange for Treasury Notes maturing May 15, 1972. Tenders will be received up to 1:30 p.m., Eastern Daylight Saving time, Tuesday, May 2, 1972, under competitive and noncompetitive bidding, as set forth in Section I I I hereof. The 4% percent Treasury Notes of Series B-1972 and 6% percent Treasury Notes of Series D-1972, maturing May 15, 1972, will be accepted at par in payment, in whole or in part, to the extent tenders are allotted by the Treasury. II. ‘ ‘4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will be issued in denominations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of bonds of different denomi nations and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury. “ 5. The bonds will be subject to the general regulations of the Department of the Treas ury, now or hereafter prescribed, governing United States bonds.’’ D E S C R IP T IO N O F B O N D S 1. The bonds now offered will be identical in all respects with the 6% percent Treasury Bonds of 1982 issued pursuant to Department Circular, Public Debt Series — No. 2-72, dated January 27, 1972, except that interest will accrue from May 15, 1972. W ith this exception the bonds are described in the following quotation from Department Circular No. 2-72: “ 1. The bonds will be dated February 15, 1972, and will bear interest from that date at the rate of 6% percent per annum, payable semi annually on August 15, 1972, and thereafter on February 15 and August 15 in each year until the principal amount becomes payable. They will mature February 15, 1982, and will not be subject to call for redemption prior to m aturity. “ 2. The income derived from the bonds is sub ject to all taxes imposed under the Internal Revenue Code of 1954. The bonds are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by an^ local taxing authority. 4 III. T E N D E R S A N D ALLO TM ENTS 1. Tenders will be received at Federal Reserve Banks and Branches and at the Office of the Treasurer of the United States, Washington, D. C. 20220, up to the closing hour, 1 :30 p.m., Eastern Daylight Saving time, Tuesday, May 2, 1972. Each tender must state the face amount of bonds bid for, which must be $1,000 or a multiple thereof, and the price offered, except that in the case of noncompetitive tenders the term “ noncompetitive” should be used in lieu of a price. In the case of competitive tenders, the price must be expressed on the basis of 100, with two decimals, e.g., 100.00. Tenders at a price less than 97.76 will not be accepted. Fractions may not be used. Noncompetitive tenders from any one bidder may not exceed $50,000. It is urged that tenders be made on the printed forms and forwarded in the special envelopes marked ‘ ‘Ten der for Treasury Bonds” , which will be supplied by Federal Reserve Banks on application therefor. 2. Commercial banks, which for this purpose are defined as banks accepting demand deposits, may submit tenders for account of customers provided the names of the customers are set forth in such tenders. Others than commercial banks will not be perm itted to submit tenders except for their own account. Ten that date. Payment will not be deemed to have been completed where registered bonds are requested if the appropriate identifying number as required on tax returns and other documents submitted to the Internal Revenue Service (an individual’s social security number or an employer identification num ber) is not furnished. In every case where full pay ment is not completed, the payment with the tender up to 5 percent of the amount of bonds allotted shall, upon declaration made by the Secretary of the Treasury in his discretion, be forfeited to the United States. Any qualified depositary will be permitted to make settlement by credit in its Treasury Tax and Loan Account for bonds allotted to it for itself and its customers. When payment is made with securities, a cash adjustment will be required of the bidder for any difference between the face amount of securities sub mitted and the amount payable including accrued interest, on the bonds allotted. ders will be received without deposit from banking institutions for their own account, Federally-insured savings and loan associations, States, political sub divisions or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the United States holds mem bership, foreign central banks and foreign States, dealers who make prim ary markets in Government securities and report daily to the Federal Reserve Bank of New York their positions with respect to Government securities and borrowings thereon, Federal Reserve Banks, and Government accounts. Tenders from others must be accompanied by payment (in cash or the securities referred to in Section I which will be accepted at par) of 5 percent of the face amount of bonds applied for. 3. Immediately after the closing hour tenders will be opened, following which public announcement will be made by the Department of the Treasury of the amount and price range of accepted bids. Those sub mitting tenders will be advised of the acceptance or rejection thereof. In considering the acceptance of tenders, those at the highest prices will be accepted to the extent required to attain the amount offered. Tenders at the lowest accepted price will be prorated if necessary. The Secretary of the Treasury expressly reserves the right to accept or reject any or all tenders, in whole or in part, and his action in any such respect shall be final. Subject to these reservations, noncom petitive tenders for $50,000 or less without stated price from any one bidder will be accepted in full at the average price* (in two decimals) of accepted competitive tenders. V. 1. Registered securities tendered as deposits and in payment for bonds allotted hereunder should be assigned by the registered payees or assignees thereof, in accordance with the general regulations of the Department of the Treasury, in one of the forms hereafter set forth. Securities tendered in payment should be surrendered at the Federal Reserve Bank or Branch or at the Office of the Treasurer of the United States, Washington, D. C. 20220. The securities must be delivered at the expense and risk of the holder. If the bonds are desired registered in the same name as the securities surrendered, the assignment should be to “ The Secretary of the Treasury for 6% percent Treasury Bonds of 1982” ; if the bonds are desired registered in another name, the assignment should be to “ The Secretary of the Treasury for 6% percent Treasury Bonds of 1982 in the name o f ...................... ......................” ; if bonds in coupon form are desired, the assignment should be to “ The Secretary of the Treasury for 6% percent Treasury Bonds of 1982 in coupon form to be delivered t o .............................. 4. All bidders are required to agree not to pur chase or to sell, or to make any agreements with respect to the purchase or sale or other disposition of any bonds of this issue at a specific rate or price, until after 1 :30 p.m., Eastern Daylight Saving time, Tues day, May 2, 1972. 5. Commercial banks in submitting tenders will be required to certify that-they have no beneficial interest in any of the tenders they enter for the account of their customers, and that their customers have no beneficial interest in the banks’ tenders for their own account. IV. VI. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive tenders, to make such allotments as may be prescribed by the Secretary of the Treasury, to issue such notices as may be necessary, to receive payment for and make delivery of bonds on full-paid tenders allotted, and they may issue interim receipts pending delivery of the definitive bonds. PAYMENT 1. Settlement for accepted tenders in accordance with the bids together with $15.76236 per $1,000 for accrued interest from February 15 to May 15, 1972 must be made or completed on or before May 15, 1972 at the Federal Reserve Bank or Branch or at the Office of the Treasurer of the United States, Washington, D. C. 20220, in cash, securities referred to in Section I (interest coupons dated May 15, 1972, should be detached) or other funds immediately available by 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offer ing, which will be communicated promptly to the Federal Reserve Banks. CHARLS E. WALKER, Acting Secretary of the Treasury. * Average price may be at, or mere or lesa than 100.00. ASSIGNMENT OF REGISTERED SECURITIES 5 FORM BA IMPORTANT — Closing time for receipt of this tender is 1:30 p.m., Tuesday, May 2,1972. T E N D E R F O R 6 % P E R C E N T TREA SU RY B O N D S O F 1982, A D D IT IO N A L A M O U N T Dated February 15,1972, With Interest From May 15,1972, Due February 15,1982 Dated a t ...................................................... Fiscal Agent of the United States, 1972 New York, N. Y. 10045 ...................................................... Pursuant to the provisions of Treasury Department Circular No. 6-72, Public Debt Series, dated April 27, 1972, the undersigned hereby offers to purchase United States of America 6% percent Treasury Bonds of 1982 in the amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price indicated below plus accrued interest ($15.76236 per $1,000). F e d e b a l R eseb v e B a n k o f N e w Y obk, COMPETITIVE TENDER Do not fill in both C om petitive and N oncom petitive tenders on one form NONCOMPETITIVE TENDER $ ...................................................... (maturity value), or any lesser amount that may be awarded. $ ........................................................ ( maturity value) Price: ................... per 100 (minimum of 97.76). at the average price of accepted competitive bids. (N o t to exceed $50,000 for one bidder through all sources) (Price m ust be expressed w ith not more than two decimal places, for example, 100.00) Subject to allotment, please issue, deliver, and accept payment for the bonds as indicated below (if registered bonds are desired, please also complete schedule on reverse side): Pieces □ 1. D eliver over the counter to the undersigned 1,000 □ 2. Ship to th e undersigned 5,000 □ 10,000 D enom ination $ M aturity value 100,000 □ By charge to our account on your books 3. H old in safekeeping (for ac count of m em ber bank only)* □ By cash or check in im m ediately available funds on delivery □ 4. H old as collateral for Treas ury Tax and Loan Account* □ □ 5. Special instructions: By credit in Treasury Tax and Loan Account (Please complete Advice of D eposit on reverse side) □ By surrender of m aturing securi ties listed in Section I of official ______ offering circular 1,000,000 Totals Paym ent will be m ade as follows: ( N o changes in delivery instructions w ill be accepted ) * The undersigned certifies that the allotted bonds will be owned solely by the undersigned. We hereby agree not to buy or to sell, or to make any agreements with respect to the purchase or sale or other disposition of any bonds of this issue at a specific rate or price, until after one-thirty p.m., Eastern Daylight Saving time, Tuesday, May 2, 1972. ( If a comm ercial bank is subscribing for its own account or for account of customers, the following certifications are m ade a p a rt of this te n d e r.) W e H e b e b y C e b t i f y that we have received tenders from our customers in the amounts set opposite the customers’ names on the list which is made a part of this tender; that there has been paid to us by each such customer as required by the official offering circular, not subject to withdrawal until after allotment, not less than 5 percent of the amount bid for; that we have not made unsecured loans, or loans collateralized in whole or in part by the bonds bid for, to supply the amounts of such payments to any of such customers; that we have no beneficial interest in the tenders of such customers; and that none of our customers has any beneficial interest in the amount bid for our own account. W e F u b t h e r C e b t i f y that tenders received by us, if any, from other commercial banks for their own account and for the account of their customers have been entered with us under the same conditions, agree ments, and certifications as set forth in this form. (Name of subscriber — please print or type) Insert this tender in special envelope marked “Tender for Treasury Notes or Bonds” (Address — please print or type) (Tel. No.) (Signature of subscriber or authorized signature) (Title of authorized signer) (Banks subm itting tenders for customer account must indicate names on reverse side hereof) IN STBU C TIO N S: 1. v alu e). No tender for less than $1,000 will be considered and each tender must be for an even multiple of $1,000 (m aturity 2. O thers than commercial banks will not be perm itted to subm it tenders except for their own account. Banks subm itting tenders for account may consolidate com petitive tenders at th e same price and may consolidate noncompetitive :or custom er acc< tenders, provided a list is attached showing th e nam e of each bidder, the am ount bid for his account, and m ethod of paym ent. 3. If the person making the tender is a corporation, the tender should be signed by an officer of the corporation author ized to m ake the tender, and the signing of the tender by an officer of the corporation will be construed as a representation by him th a t he has been so authorized. If the tender is m ade by a partnership, it should be signed by a m em ber of the firm, who should sign in th e form “ . ............................................................ . a copartnership, by ................................ ..................................................... a m em ber of the firm.” 4. Tenders will be received w ithout deposit from commercial and other banks for their own account, Federally-insured savings and loan associations, States, political subdivisions or instrum entalities thereof, public pension and retirem ent and other public funds, international organizations in w hich the U nited States holds m em bership, foreign central banks and foreign States, dealers w ho m ake prim ary m arkets in G overnm ent securities and report daily to the Federal Beserve Bank of N ew York their positions w ith respect to G overnm ent securities and borrowings thereon, F ederal Reserve Banks, and Governm ent accounts. Tenders from others m ust be accom panied by paym ent of 5 percent of the face am ount of bonds applied for. All checks must be draw n to the order of the F ederal Reserve Bank of New York; checks endorsed to this Bank will not be accepted. 5. If the language of this tender is changed in any respect, which, in the opinion of the Secretary of the Treasury, is m aterial, the tender m ay be disregarded. U 7S / V X 1 C U 3 U 1 y J J U 1 1 U 3 T/I JL /V J 1 1 ^ U i n (If space is insufficient in schedule below, attach separate listing) Name in which bonds shall be registered, taxpayer iden tify in g n um ber (Social S ecurity A ccount N um ber or E m ployer Identification N u m b er), a n d post-office ad d ress for in te re st checks and other mail. (Please print or typewrite) (Indicate under appropriate denominations, number of bonds desired.) A m ount $1,000 $10,000 $5,000 $100,000 $1,000,000 Nam e................... Ident. No............. Address................................................................ Name.................................................................... Ident. No.............................................................. Address................................................................ Name ........................................................ Ident. No........................................................... Address................................................................ ( I f registered bonds are not to be sent to the registered owner, give mailing information below .) Mail registered bonds t o .................................................................................................... (For use of commercial bank subscribers only) List of Customers Included in this Subscription ( If space is insufficient in schedule below, attach separate listin g ) N am e of ultim ate p u rch aser A m ount subscribed N am e of ultim ate p u rch aser A m ount subscribed Advice of Deposit in Treasury Tax and Loan Account To F e d e r a l R e s e rv e B a n k o f N e w Y o rk , Fiscal Agent of the United States. We will deposit on May 15, 1972 to your credit in the Treasury Tax and Loan Account on our books, to be held sub ject to withdrawal on demand, an amount equal to the purchase price of the bonds allotted to us on our tender for 6% percent Treasury Bonds of 1982. (N am e of D epositary) By ................................................... .............................................................................................. (A uthorized sig n atu re (s) req u ired ) Address (C ity and S tate) FORM NA IMPORTANT — Closing time for receipt of this tender is 1:30 p.m., Tuesday, May 2, 1972. T E N D E R F O R 4 % P E R C E N T TREA SU RY N O T E S O F S E R IE S E-1973 Dated May 15, 1972 Due May 15,1973 Dated a t ........................................ Fiscal Agent of the United States, 1972 New York, N. Y. 10045 ........................................................ Pursuant to the provisions of Treasury Department Circular No. 5-72, Public Debt Series, dated April 27, 1972, the undersigned hereby offers to purchase United States of America 4% percent Treasury Notes of Series E-1973 in the amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price indicated below. F e d e r a l R e s e rv e B a n k o f N e w Y o rk , COMPETITIVE TENDER Do not fill in both C om petitive and N oncom petitive tenders on one form NONCOMPETITIVE TENDER $ ...................................................... (maturity value), or any lesser amount that may be awarded. $ ........................................................ (maturity value) Price: ...................... per 100 (minimum of 99.76). at the average price of accepted competitive bids. (N ot to exceed $200,000 for one bidder through all sources) (Price m ust be expressed w ith not more than two decimal places, for exam ple, 100.00) Subject to allotment, please issue, deliver, and accept payment for the notes as indicated below (if registered notes are desired, please also complete schedule on reverse side): Pieces □ 1. D eliver over th e counter to the undersigned 1,000 □ 2. Ship to the undersigned 5,000 □ 10,000 D enom ination $ M aturity value □ By charge to our account on your books 3. H old in safekeeping (for ac count of m em ber bank only)* □ By cash or check in im m ediately available funds on delivery □ 4. H old as collateral for T reas ury Tax and L oan A ccount0 □ □ 5. Special instructions: By credit in Treasury Tax and Loan A ccount (Please complete Advice of D eposit on reverse side) □ By surrender of m aturing securi ties listed in Section I of official offering circular______________ 100,000 1,000,000 Totals Paym ent will be m ade as follows: (N o nges in delivery instructions w ill be a ccepted) ° The undersigned certifies th at the allotted notes will be ow ned solely by the undersigned. We hereby agree not to buy or to sell, or to make any agreements ivith respect to the purchase or sale or other disposition of any notes of this issue at a specific rate or price, until after one-thirty p.m., Eastern Daylight Saving time, Tuesday, May 2,1972. ( If a comm ercial bank is subscribing for its own account or for account of customers, the following certifications are m ade a p a rt of this te n d e r.) W e H e r e b y C e r t i f y that we have received tenders from our customers in the amounts set opposite the customers’ names on the list which is made a part of this tender; that there has been paid to us by each such customer as required by the official offering circular, not subject to withdrawal until after allotment, not less than 5 percent of the amount bid for; that we have not made unsecured loans, or loans collateralized in whole or in part by the notes bid for. to supply the amounts of such payments to any of such customers; that we have no beneficial interest in the tenders of such customers; and that none of our customers has any beneficial interest in the amount bid for our own account. W e F u r t h e r C e r t i f y that tenders received by us, if any, from other commercial banks for their own account and for the account of their customers have been entered with us under the same conditions, agree ments, and certifications as set forth in this form. (N am e of subscriber — please p rin t or ty p e ) Insert this tender in special envelope marked “Tender for Treasury Notes or Bonds” (A ddress — please p rin t or ty p e ) (T el. N o.) (S ig n atu re of subscriber or authorized sig n atu re) (T itle of a u thorized signer) (Banks subm itting tenders for customer account must indicate names on reverse side hereof) IN STRU C TIO N S: 1. value). No tender for less than $1,000 will be considered and each tender must be for an even multiple of $1,000 (m aturity 2. O thers than commercial banks will not be perm itted to subm it tenders except for their own account. Banks subm itting tenders for customer account m ay consolidate com petitive tenders at th e sam e price and may consolidate noncompetitive tenders, provided a list is attached showing th e nam e of each bidder, the am ount b id for his account, and method of payment. 3. If the person making th e tender is a corporation, the tender should be signed by an officer of the corporation author ized to m ake the tender, and the signing of the tender by an officer of the corporation will be construed as a representation by him th a t he has been so authorized. If the tender is m ade by a partnership, it should be signed by a m em ber of the firm, who should sign in th e form “ ...........................^ ............................................................... a copartnership, by .................................. ..................................................... a m em ber of the firm.” 4. Tenders will be received w ithout deposit from commercial and other banks for their own account, Federally-insured savings and loan associations, States, political subdivisions or instrum entalities thereof, public pension and retirem ent and other public funds, international organizations in w hich the U nited States holds mem bership, foreign central banks and foreign States, dealers who make prim ary m arkets in G overnm ent securities and report daily to the Federal Reserve Bank of N ew York their positions w ith respect to G overnm ent securities and borrowings thereon, Federal Reserve Banks, and G overnm ent accounts. Tenders from others m ust be accom panied by paym ent of 5 p ercent of the face am ount of notes applied for. All checks m ust be draw n to the order of the Federal Reserve Bank of N ew York; checks endorsed to this Bank will not be accepted. 5. If the language of this tender is changed in any respect, which, in the opinion of the Secretary of the Treasury, is m aterial, the tender m ay be disregarded. 474 IJ iv w J u x j UI ije iiw ju -ii/Z O i^ C S U C U 111 M L ^ U l C l c U l m ill (If space is insufficient in schedule below, attach separate listing) Name in which notes shall be registered, taxpayer identifying number (Social Security Account Number or Employer Identification N um ber), and post-office address for interest checks and other mail. (P lease p rin t or typ ew rite) ( Indicate under appropriate denom inations, number o f notes desired. Amount $1,000 $5,000 $10,000 $100,000 $1,000,000 Name.................................................................... Ident. No.............................................................. Address................................................................ Name.................................................................... Ident. No.............................................................. Address................................................................ Name.................................................................... Ident. No............................................................. Address................................................................ ( I f registered notes are not to be sent to th e registered owner, give mailing information below .) Mail registered notes to ........................................................................................................ (For use of commercial bank subscribers only) List of Customers Included in this Subscription (If space is insufficient in schedule below, attach separate listing) Name o f ultimate purchaser A m ount subscribed Name o f ultimate purchaser Am ount subscribed « Advice of Deposit in Treasury Tax and Loan Account To F e d e r a l R e s e rv e B a n k o f N e w Y o rk , Fiscal Agent of the United States. We will deposit on May 15, 1972 to your credit in the Treasury Tax and Loan Account on our books, to be held sub ject to withdrawal on demand, an amount equal to the purchase price of the notes allotted to us on our tender for 4% percent Treasury Notes of Series E-1973. (Name of Depositary) By ............................................... .......... : ...................... ................................................... (Authorized signature(s) required) Address ............................................................................................................................. (City and State)
@FedFRASER