The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States C irc u la r N o. 8445 N ovem ber 1, 1978 TREASURY POSTPONES 10-YEAR NOTE AND 30-YEAR ROND AUCTIONS To A // Banking /nrfrfM/rons, anJ OfAerr Concerned, in Sec onJ Fe^era/ Di^irici. The Treasury Department has announced that the dates for the auctions of $2,500 million of.10-year notes (Series B-I9 8 8 ) and $1,750 mil lion of 30-year bonds (Bonds of 2003-2008) have been postponed. auction for the 1 0 -year The note, vhich had originally been scheduled for today, November 1, will be held at 1:30 p.m. on Thursday, November 2; the auction for the 30-year bonds, vhich had originally been scheduled for November 2, vill be held at 1:30 p.m. on Friday, November 3. The Treasury indicated that the auction dates have been postponed to allow time for the credit markets to digest the actions announced this morning by the Treasury and the Federal Reserve System to strengthen the international position of the United States dollar and thereby to counter continuing domestic inflationary pressures. PAUL A. VOLCKER, P resid en t.
@FedFRASER