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FEDERAL RESERVE BANK

OF NEW YORK
Fiscal Agent of the United States
r Circular No. 71 30~I
I

April 26, 1973

J

AU C TIO N OF NOTES AND BONDS
6% Percent Treasury Notes of Series A -1980
7 Percent Treasury Bonds of 1993-98
T o A ll Banlcing Institutions, and Others Concerned,
in the Second Federal R eserve D istrict:

As announced in our Circular No. 7129, dated April 25, 1973, the Treasury will sell at
auction under competitive and noncompetitive bidding —
$2 billion of 6 % percent Treasury Notes of Series A-1980, dated and bearing
interest from May 15, 1973, maturing May 15, 1980; and
$650 million of 7 percent Treasury Bonds of 1993-98, dated and bearing interest
from May 15, 1973, maturing May 15, 1998, callable at the option of the
United States on any interest payment date on and after May 15, 1993.

The terms o f the offerings are set forth in Treasury Department Circulars Nos. 3-73 and
4-73, Public Debt Series, both dated April 26, 1973; a copy of each is printed on the following
pages.
This Bank will receive tenders for the notes up to 1 :30 p.m., Eastern Daylight Saving time,
Tuesday, May 1,1973, and will receive tenders for the bonds up to 1:30 p.m., Eastern Daylight
Saving time, Wednesday, May 2, 1973, at the Securities Department o f its Head Office and at
its Buffalo Branch; provided, however, that noncompetitive tenders will be considered timely
received if they are mailed to this Bank or its Branch under a postmark no later than A pril 30
for the notes and May 1 for the bonds. Please use the enclosed tender forms to submit tenders,
and return them in the enclosed envelope marked “ Tender for Treasury N otes” or “ Tender
for Treasury Bonds,” as appropriate. Tenders not requiring a deposit may be submitted by
telegraph, subject to written confirmation; no tenders may be submitted by telephone.
Settlement for accepted tenders must be completed on or before Tuesday, May 15, in cash,
4% percent Treasury Notes of Series E-1973, 7% percent Treasury Notes o f Series A-1973,
or other funds immediately available by that date. Coupons dated May 15,1973 on the securities
surrendered should be detached and cashed when due. Settlement cannot be made by credit
through the Treasury Tax and Loan Account. Any check payable to this Bank that is received
at this Bank by Thursday, May 10, will be considered timely, provided the check is drawn on
a bank in the Second Federal Reserve District.
Noncompetitive tenders for $400,000 or less for the notes will be accepted in full at the
average price of accepted competitive tenders, and noncompetitive tenders for $250,000 or less
for the bonds will be accepted in full at the same price as accepted competitive tenders.
Only commercial banks may submit tenders for account of customers. A s part of all tenders
submitted by banks or for customers that are banks, the FD IC numbers o f the banks (sub­
scribers and custom ers) must be furnished.
The procedure under which the bids and awards will be made in the bond auction differs
from the procedure that has been used in auctions for shorter-term securities. The difference
is that the price on competitive tenders must be expressed on the basis o f 100, with two decimals
in a multiple o f .05, e.g., 100.10, 100.05, 100.00, 99.95, etc., and that all tenders accepted in this
auction will be awarded at the price o f the lowest accepted tender. As in the usual auctions, the




Treasury will accept bids starting with the highest price bid and ranging downward to the bid
that provides a total of $650 million. (The Secretary o f the Treasury reserves the right, how­
ever, to accept less than $650 million of tenders.) This procedure is designed to provide an in­
centive to bid at prices sufficiently high to be sure of awards, while also assuring each bidder
that, if he bids at a price within the range o f accepted prices, he will be awarded bonds at the
same price as every other bidder.
A lfred H a y e s,

President.

UNITED STATES OF AMERICA
6% PERCENT TREASURY NOTES OF SERIES A-1980
D a ted a nd b e a rin g interest fr o m M ay 1 5 , 1 9 7 3

D u e M ay 1 5 , 1 9 8 0

TH E D E PA R T M E N T OF TH E TR EA SU RY.
Office of the Secretary,
d epa rtm ent

c ir c u l a r

Washington, April 26,1973.

Public Debt Series — No. 3-73

I.

O F F E R IN G O F N O TE 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 98.26 percent
of their face value for $2 ,000,000,000, or thereabouts,
of notes of the United States, designated 6 % percent
Treasury Notes of Series A-1980. 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 ten­
ders in exchange for Treasury notes maturing M ay
15, 1973. Tenders will be received up to 1 :30 p.m.,
Eastern Daylight Saving time, Tuesday, May 1, 1973,
under competitive and noncompetitive bidding, as set
forth in Section III hereof. The 7% percent Treasury
Notes of Series A-1973 and 4% percent Treasury
Notes of Series E-1973, maturing May 15, 1973, will
be accepted at par in payment, in whole or in part,
to the extent tenders are allotted by the Treasury.
II.

D E S C R IP T IO N O F N O TE S

1. The notes will be dated May 15, 1973, and will
bear interest from that date at the rate of 6 % percent
per annum, payable semiannually on November 15,
1973, and thereafter on May 15 and November 15 in
each year until the principal amount becomes payable.
They will mature May 15, 1980, and will not be sub­
ject 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 im­
posed on the principal or interest thereof by any
State, or any of the possessions of the United States,
or by any local taxing authority.




3. The notes will be acceptable to secure deposits
of public moneys. They will not be acceptable in pay­
ment of taxes.
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.
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.

T E N D E R S AND A L L O T M E N T S

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. 20222, up to
the closing hour, 1 :30 p.m., Eastern Daylight Saving
time, Tuesday, May 1 , 1973. 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 98.26 will not be
accepted. Fractions may not be used. Noncompetitive
tenders from any one bidder may not exceed $400,000.
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. Ten­
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 primary 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, 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.

submitted to the Internal Revenue Service (an indi­
vidual ’s social security number or an employer identi­
fication number) is not furnished. In every case
where full payment 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 Treasury in his discretion, be forfeited to the
United States. When payment is made with securities,
a cash adjustment will be made to or required of the
bidder for an}' difference between the face amount of
securities submitted and the amount payable on the
notes allotted.
V.

1. Registered securities tendered as deposits and in
payment for notes allotted hereunder are not required
to be assigned if the notes are to be registered in the
same names and forms as appear in the registrations
or assignments of the securities surrendered. Specific
instructions for the issuance and delivery of the notes,
signed by the owner or his authorized representative,
must accompany the securities presented. Otherwise,
the securities should be assigned by the registered
payees or assignees thereof in accordance with the gen­
eral regulations governing United States securities, as
hereinafter set forth. Notes to be registered in names
and forms different from those in the inscriptions or
assignments of the securities presented should be as­
signed to “ The Secretary of the Treasury for 6 %
percent Treasury Notes of Series A-1980 in the name
of (name and taxpayer identifying num ber).” I f
notes in coupon form are desired, the assignment
should be to “ The Secretary of the Treasury for 6 %
percent coupon Treasury Notes of Series A-1980 to
be delivered to ............................................................
Securities tendered in payment should be surrendered
to the Federal Reserve Bank or Branch or to the Office
!of the Treasurer of the United States, Securities
Division, Washington, D. C. 20222. The securities
must be delivered at the expense and risk of the
holder.

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 ten­
ders, in whole or in part, including the right to ac­
cept less than $2 ,000,000,000 of tenders, and his action
in any such respect shall be final. Subject to these
reservations, noncompetitive tenders for $400,000 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.
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 notes of this issue at a specific rate or price, until
after 1:30 p.m., Eastern Daylight Saving time,
Tuesday, May 1, 1973.
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 .

Y I.

PAYM ENT

1.
Settlement for accepted tenders in accordance
with the bids must be made or completed on or before
May 15, 1973, at the Federal Reserve Bank or
Branch or at the Office of the Treasurer of the United
States, Washington, D. C. 20222, in cash, securities
referred to in Section I (interest coupons dated May
15, 1973, should be detached) or other funds im­
mediately available by that date. Payment will not
be deemed to have been completed where registered
notes are requested if the appropriate identifying num­
ber as required on tax returns and other documents
• Average price may be at, or more or less than 100.00.




A SSIG N M E N T O F R E G IS T E R E D S E C U R IT IE S

3

G E N E R A 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 pre­
scribed 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.
2. The Secretary of the Treasury may at any time,
or from time to time, prescribe supplemental or amen­
datory rules and regulations governing the offering,
which will be communicated promptly to the Federal
Reserve Banks.
GEORGE P. SHULTZ,
Secretary of the Treasury.

UNITED STATES OF AMERICA
7 PERCENT TREASURY BONDS OF 1993-98

D a ted a nd b e a rin g interest fr o m M ay 15, 19 7 3

D u e M ay 15, 1 9 9 8

R e d eem a b le at the o p tio n o f the U nited States at p a r and a ccru ed interest on and a fte r M ay 1 5 , 1 9 9 3

TH E D E PA R T M E N T OF TH E T R E A SU R Y ,
Office of the Secretary,

DEPARTMENT CIRCULAR
Public Debt Series — No. 4-73

I.

Washington, April 26,1973.

O F F E R 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 for $650,000,000, or there­
abouts, of bonds of the United States, designated 7
percent Treasury Bonds of 1993-98. An additional
amount of the bonds may be allotted by the Secretary
of the Treasury to Government accounts and Federal
Reserve Banks in exchange for Treasury notes matur­
ing May 15, 1973. Tenders on a competitive or non­
competitive basis will be received up to 1 :30 p.m.,
Eastern Daylight Saving time, Wednesday, May 2,
1973. The price for the bonds will be established as
set forth in Section III hereof. The 7% percent
Treasury Notes of Series A-1973 and 4% percent
Treasury Notes of Series E-1973, maturing May 15,
1973, will be accepted at par in payment, in whole or
in part, to the extent tenders are allotted by the
Treasury.

State, or any of the possessions of the United States,
or by any local taxing authority.
3. The bonds will be acceptable to secure deposits
of public moneys. They will not be acceptable in pay­
ment of taxes.
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 denominations
and of coupon and registered bonds, and for the trans­
fer of registered bonds, under rules and regulations
prescribed by the Secretary of the Treasury.
5. The bonds will be subject to the general regula­
tions of The Department of the Treasury, now or here­
after prescribed, governing United States bonds.
I II .

II.

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. 20222, up to
the closing hour, 1 :30 p.m., Eastern Daylight Saving
time, Wednesday, May 2, 1973. 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 deci­
mals in a multiple of .05, e.g., 100.10, 100.05, 100.00,
99.95, etc. Fractions may not be used. It is urged
that tenders be made on the printed forms and for­
warded in the special envelopes marked “ Tender for
Treasury Bonds,” which will be supplied by Federal
Reserve Banks on application therefor.

D E S C R IP T IO N O F B O N D S

1 . The bonds will be dated May 15, 1973, and will
bear interest from that date at the rate of 7 percent
per annum, payable semiannually on November 15,
1973, and thereafter on May 15 and November 15 in
each year until the principal amount becomes pay­
able. They will mature May 15, 1998, but may be re­
deemed at the option of the United States on and
after May 15, 1993, in whole or in part, at par and
accrued interest on any interest day or days, on 4
months’ notice of redemption given in such manner
as the Secretary of the Treasury shall prescribe. In
case of partial redemption, the bonds to be redeemed
will be determined by such method as may be pre­
scribed by the Secretary of the Treasury. From the
date of redemption designated in any such notice,
interest on the bonds called for redemption shall cease.

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. Ten­
ders will be received without deposit from banking

2. The income derived from the bonds is subject 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 im­
posed on the principal or interest thereof by any




T E N D E R S AN D A L L O T M E N T S

4

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 primary 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, 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.

employer identification number) is not furnished. In
every case where full payment is not completed, the
payment with the tender np 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. When payment is
made with securities, a cash adjustment will be made
to or required of the bidder for any difference be­
tween the face amount of securities submitted and the
amount payable on the bonds allotted.
V.

3. In considering the acceptance of tenders, those
at the highest prices will be accepted in full to the
extent required to attain the amount offered; pro­
vided, however, that tenders at the lowest of such
accepted prices will be prorated if necessary. All
tenders so accepted will be allotted at the price of the
lowest accepted tender. Those submitting tenders will
be advised of the acceptance, and awarded price, or
the rejection of their bids. The Secretary of the
Treasury expressly reserves the right to accept or
reject any or all tenders, in whole or in part, includ­
ing the right to accept less than $650 million of ten­
ders, and his action in any such respect shall be final.
Subject to these reservations noncompetitive tenders
for $250,000 or less will be accepted in full at the same
price as accepted competitive tenders. The price may
be 100.00, or more or less than 100.00.
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,
Wednesday, May 2, 1973.
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. Payment for accepted tenders must be made or
completed on or before May 15, 1973. at the Federal
Reserve Bank or Branch or at the Office of the Treas­
urer of the United States, Washington, D. C. 20222,
in cash, securities referred to in Section I (interest
coupons dated May 15, 1973, should be detached) or
other funds immediately available by that date. Pay­
ment 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




ASSIGNMENT OF REGISTERED SECURITIES

1.
Registered securities tendered as deposits and
in payment for bonds allotted hereunder are not re­
quired to be assigned if the bonds are to be registered
in the same names and forms as appear in the regis­
trations or assignments of the securities surrendered.
Specific instructions for the issuance and delivery of
the bonds, signed by the owner or his authorized rep­
resentative, must accompany the securities presented.
Otherwise, the securities should be assigned by the
registered payees or assignees thereof in accordance
with the general regulations governing United States
securities, as hereinafter set forth. Bonds to be regis­
tered in names and forms different from those in the
inscriptions or assignments of the securities presented
should be assigned to “ The Secretary of the Treasury
for 7 percent Treasury Bonds of 1993-98 in the name
of (name and taxpayer identifying num ber).” If
bonds in coupon form are desired, the assignment
should be to “ The Secretary of the Treasury for 7
percent coupon Treasury Bonds of 1993-98 to be
delivered to ................................................” Securities
tendered in payment should be surrendered to the
Federal Reserve Bank or Branch or to the Office of
the Treasurer of the United States, Securities Divi­
sion, Washington, D. C. 20222. The securities must
be delivered at the expense and risk of the holder.

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 Fed­
eral Reserve Banks.
GE O R G E P. S H U L T Z ,

Secretary of the Treasury.

5

FO RM NA

IM P O R T A N T — Closing time for receipt of this tender is 1:30 p.m., Tuesday, M ay 1, 1973.

TENDER FOR 67/8 PERCENT TREASURY NOTES OF SERIES A-1980
Dated M ay 15,1973
F e d e r a l R eser ve B a n k

of

Due M ay 15,1980

Dated at

N e w Y ork,

Fiscal Agent of the United States,
New York, N. Y. 10045
Pursuant to the provisions of Treasury Department Circular No. 3-73, Public Debt Series, dated
April 26, 1973, the undersigned hereby offers to purchase United States of America 6 7/s percent Treasury
Notes of Series A-1980 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.

COMPETITIVE TENDER

Do not fill in both Competitive and
Noncompetitive tenders on one form

NONCOMPETITIVE TENDER

$ ...................................................... (maturity value),
or any lesser amount that may be awarded.

$ ........................................................ (maturity value)

P r ic e :..........per 100 (minimum of 98.26)

at the average price of accepted competitive bids.

(N o t to ex cee d $400,000 for on e bidder through all sou rces)

( P rice must b e expressed with not m ore than tw o
decim al places, for exam ple, 1 0 0 .0 0 .)

Subject to allotment, please issue, deliver, and accept payment for the notes as indicated below and on
the reverse side (if registered notes are desired, please also complete schedule on reverse side):
Pieces

D enom ination
$

Maturity value

1,000
5,000
10,000

□

1.

D eliver over the counter to the
undersigned

□

2.

Ship to the undersigned

□

3.

H old in safekeeping ( for ac­
cou nt o f m em ber bank o n ly )*

□

4.

H old as collateral for Treasury
Tax and L oan A ccount*

□

5.

Special instructions:

100,000

Paym ent w ill b e m ade as follow s:
□

B y charge to our account on
your books

o

By cash or check in immediately
available funds on delivery

□

By surrender o f maturing se­
curities listed in Section I of
official offering circular

1,000,000
Totals

( No changes in delivery instructions
will be accepted )

* The undersigned certifies that the allotted notes 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 notes of this issue at a specific rate or price, until after one-thirty p.m., Eastern
Daylight Saving time, Tuesday, May 1,1973.
( If a com m ercial bank is subscribing for its ow n account or for account o f customers, the follow in g certifications
are made a part o f this ten der.)
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.

(Name of subscriber — please print or type)

Insert this tender
in special envelope
marked “Tender for
Treasury Notes”

FDIC No. (if bank)

(Address — please print or type)

(Tel. No.)

(Signature of subscriber or authorized signature)

(Title of authorized signer)

IM P O R T A N T — Banks submitting tenders for customer account must indicate names, FDIC numbers

of banks listed, and amounts desired by each, on a separate list attached hereto.
IN S T R U C T IO N S :
1.
v a lu e).

N o tender for less than $1,000 w ill be considered and each tender must be for an even multiple o f $1,000 (m aturity

2. Others than com m ercial banks will not be perm itted to submit tenders except for their ow n account. Banks submitting
tenders for custom er account m ay consolidate com petitive tenders at th e sam e price and may consolidate noncom petitive
tenders, provided a list is attached show ing the name o f each bidder, the amount b id for his account, and m ethod o f payment.
3. I f the person making the tender is a corporation, the tender should be signed b y an officer o f the corporation author­
ized to make the tender, and the signing o f the tender b y an officer o f the corporation w ill be construed as a representation
b y him that he has been so authorized. I f the tender is m ade b y a partnership, it should be signed b y a m em ber o f the
firm, w h o should sign in the form “ ............................ ....................................................................... a copartnership, b y ...................................
...................................................... .. a m em ber o f the firm.”
4. Tenders will b e received without deposit from com m ercial and other banks for their own account, Federally-insured
savings and loan associations, States, political subdivisions or instrumentalities thereof, p u b lic pension and retirement and other
pu b lic funds, international organizations in w hich the United States holds m em bership, foreign central banks and foreign
States, dealers w ho make primary markets in G overnm ent securities and report daily to the Federal Reserve Bank o f N ew York
their positions w ith respect to G overnm ent securities and borrow ings thereon, and Governm ent accounts. Tenders from others
must b e accom panied b y paym ent o f 5 percent o f the face amount o f securities applied for. All checks must b e drawn to the
order o f the Federal Reserve Bank o f N ew York; checks endorsed to this Bank w ill not b e accepted.
5.

If the language o f this tender is changed in any respect, w hich, in the opinion o f the Secretary o f the Treasury,

is material, d ie tender may b e disregarded.



SCHEDULE FOR ISSUE OF REGISTERED 6% PERCENT TREASURY NOTES OF SERIES A-1980

SUBSCRIPTION NO.

D E L I V E R Y INSTRUCTIONS

FOR FRB USE ONLY

SUBSCRIBER

1

S I G N A T U R E __

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R E G I S T R A T I O N

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IM P O R T A N T — Closing time for receipt of this tender is 1:30 p.m., Wednesday, M ay 2, 1973.

T E N D E R F O R 7 P E R C E N T T R E A SU R Y R O N D S O F 1 9 9 3 -9 8
Dated M ay 15,1973

Due M ay 15,1998

Dated at

F e d e r a l R eser ve B a n k o f N e w Y o r k ,

Fiscal Agent of the United States,
New York, N. Y. 10045

Pursuant to the provisions of Treasury Department Circular No. 4-73, Public Debt Series, dated
April 26, 1973, the undersigned hereby offers to purchase United States of America 7 percent Treasury
Bonds of 1993-98 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.

C O M P E T IT IV E T E N D E R

Do not fill in both Competitive and
Noncompetitive tenders on one form

$ ...................................................... (maturity value),
or any lesser amount that may be awarded.

N O N C O M P E T IT IV E T E N D E R

$ ...............................................................

(maturity value)

(N o t to ex cee d $250,000 for one bidder through all sou rces)

at the same price as accepted competitive bids.

P r ic e :..........................per 100
( Price must b e expressed with not m ore than tw o
decim al places and in a multiple o f .05, for
exam ple, 100.10, 100.05, 100.00, 99.95, e tc .)

Subject to allotment, please issue, deliver, and accept payment for the bonds as indicated below and on
the reverse side (if registered bonds are desired, please also complete schedule on reverse side):
Pieces Denomination
$

Maturity value

1,000
5,000
10,000

□

1.

Payment will be made as follow s:

undersigned

□

2. Ship to the undersigned

□

3. Hold in safekeeping (for ac­
count of member bank only)*

□

4.

H old as collateral for Treasury
Tax and Loan Account*

□

5.

Special instructions:

100,000

□

By charge to our account on
your books

□

By cash or check in imm ediately
available funds on delivery

□

By surrender o f maturing se­
curities listed in Section I ol
official offering circular

1,000,000
Totals

(No
will be accepted)

The undersigned certifies that the allotted bonds will be ow ned solely b y 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, Wednesday, May 2, 1973.
( If a com m ercial bank is subscribing for its ow n account or for account o f customers, the follow ing certifications
are made a part o f this ten der.)
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 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 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.

(Name of subscriber — please print or type)

Insert this tender
in special envelope
marked “Tender for
Treasury Bonds”

( Address — please print or type)

FDIC No. (if bank)

..........(Tel. No.)

(Signature of subscriber or authorized signature)

(Title of authorized signer)

IM P O R T A N T — Banks submitting tenders for customer account must indicate names, FD IC numbers

of banks listed, and amounts desired by each, on a separate list attached hereto.
IN S T R U C T IO N S :
1.
valu e).

N o tender for less than $1,000 will be considered and each tender must be for an even multiple o f $1,000 (maturity

2. Others than com m ercial banks will not be permitted to submit tenders except for their ow n account. Banks submitting
tenders for customer account may consolidate com petitive tenders at the same price and may consolidate noncom petitive
tenders, provided a list is attached showing the name o f each bidder, the amount bid for his account, and method o f payment.
3. I f the person making the tender is a corporation, the tender should be signed b y an officer o f the corporation author­
ized to make the tender, and the signing o f the tender by an officer o f the corporation will be construed as a representation
b y him that he has been so authorized. If the tender is m ade b y a partnership, it should be signed by a mem ber o f the
firm, w h o should sign in the form “ ..................................................................................................... a copartnership, b y ...................................
...................................................... . a m em ber o f the firm.”
4. Tenders will b e received without deposit from com m ercial and other banks for their own account, Federally-insured
savings and loan associations, States, political subdivisions or instrumentalities thereof, pu b lic pension and retirement and other
pu blic funds, international organizations in w hich the United States holds m em bership, foreign central banks and foreign
States, dealers w ho make primary markets in G overnm ent securities and report daily to the Federal Reserve Bank o f N ew York
their positions with respect to Governm ent securities and borrow ings thereon, and Governm ent accounts. Tenders from others
must b e accom panied b y paym ent o f 5 percent o f the face amount o f securities applied for. All checks must b e drawn to the
order o f the Federal Reserve Bank o f N ew York; checks endorsed to this Bank w ill not b e accepted.
5. If the language o f this tender is changed in any respect, w hich, in the opinion o f the Secretary o f the Treasury,
is material, the tender m ay b e disregarded.




SC H ED U LE FOR ISSUE OF REG ISTERED 7 PERCENT TR E A S U R Y BONDS OF 1 9 9 3 -9 8
D E L I V E R Y INSTRUCTIONS
SUBSCRIBER

D

SIGN A T U R E _

|

FOR FRB USE ONLY

D ELIVER OVER THE C O U NTER
I SHIP TO SUBSCRIB ER

TRANS. ACCOUNTING DATE
GO

Q O T H E R
ADDRESS




SUBSCRIPTION NO.

IN STRUCTIO NS:

ISSUE AGENT 12

LOAN CODE

□

□

W V
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I N T E R E S T COMP.

DATE

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