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F E D E R A L R ES ER V E BANK
O F NEW YORK

Fiscal Agent of the United States

C ir c u la r N o . 8 1 8 3
S e p t e m b e r 1 6 , 1 97 7

Corrected Results of Offering of 182-Day Treasury Bills
To Be Issued September 15,1977

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

The Treasury Department announced yesterday that the results
of the auction for 182-day Treasury bills to be issued September 15
have been corrected to reflect a decrease in the total tenders
received and accepted. The adjustment was necessitated by an error
in recording competitive bids during the auction process. This error
did not affect the average price for the bills as announced in our
Circular No. 8180, dated September 14, 1977. The corrected results
for the 182-day bills are shown below. The other particulars
announced in Circular No. 8180 regarding the offering of the 182-day
bills and the offering of 91-day bills to be issued September 15, 1977,
are unchanged.

Total Tenders Received and Accepted
182—Day Treasury B ills
Maturing March 16, 1978

Boston ................
Nev York ..............
Philadelphia ..........
Cleveland .............
Richmond ..............
Atlanta ...............
Chicago ...............
S t. Louis .............
Minneapolis ...........
Kansas City ...........
Dallas ................
San Francisco .........
U.S. Treasury .........
Totals




Accepted

Received

F.R. District (and U.S. Treasury)

$

28,175,000
1+,863,000,000
5,105,000
1*6,155,000
lU, 955,000
32,1*30,000
639,530,000
35,635,000
36,650,000
23,865,000
ll*,21+5,000
273,690,000

$

23,175,000
2 ,859,800,000
5,105,000
16,155,000
11,955,000
32,1+30,000
217,930,000
2 3 ,6 3 5 ,0 0 0
36,650,000
23,865,000
ll+,21+5,000
80,690,000

350,000

350,000

$6,013,785,000

$3 ,3 7 5 ,9 8 5 ,0 0 0

P aul A. V olcker,

President.