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 ir c u la r N o . 8 6 4 5 S e p te m b e r 2 8 , 1 9 7 9 TREASURY ANNOUNCES FINANCING SCHEDULE T o A l l B a n k in g In s t it u t io n s , a n d O th e rs C o n c e rn e d , in th e S e c o n d F e d e r a l R e s e r v e D i s t r i c t : As a r e s u l t o f f i n a l a c t i o n by t h e C o n g r e s s o n l e g i s l a t i o n t o r a i s e and e x t e n d t h e t e m p o r a r y d e b t c e i l i n g , t h e D e p a r t m e n t o f t h e T rea su ry has announced th e f o ll o w i n g s c h e d u le o f o f f e r i n g s : -$ 5 ,9 0 0 m illio n o f weekly Treasury b i l l s ($2,900 m il lio n o f 13-week b i l l s to mature January 3, 1980, and $3,000 m il lio n o f 26-week b i l l s to mature A p r il 3 , 1980) t o be auctioned a t 1:30 p .m ., EDST, Monday, October 1. This r ep resen ts a rescheduling o f th e auction o f th e se b i l l s o r i g i n a l l y scheduled fo r Friday, September 28. The other terms and co n d itio n s remain unchanged. -$ 3 ,2 5 0 m il lio n o f 2-year n otes maturing September 30, 1 9 8 1 , to be auctioned at 1:30 p .m ., EDST, Wednesday, October 3 and issu ed Tuesday, October 9, 1979* This rep resen ts the rescheduling o f the p r e v io u s ly announced 2-year notes which were t o have been auctioned Tuesday, September 25- The Federal Reserve w i l l exchange $1+00 m il lio n o f i t s holdings o f maturing s e c u r i t i e s for sh o rt term Treasury b i l l s . These Treasury b i l l s w i l l then be exchanged by the Federal Reserve fo r new 2-year notes to be is su e d by the Treasury on October 9* -$ 2 ,5 0 0 m il lio n o f U-year n otes maturing September 30, 1983, to be auctioned a t 1:30 p .m ., EDST, Thursday, October b and issu ed Wednesday, October 10,1979* This rep resen ts th e rescheduling o f the p r e v io u sly announced U-year notes which were t o have been auctioned Wednesday, September 26. The Federal Reserve w i l l exchange $268 m illio n o f i t s holdings o f maturing s e c u r i t i e s fo r short term Treasury b i l l s . These Treasury b i l l s w i l l then be exchanged by the Federal Reserve fo r new U-year notes to be is su e d by the Treasury on October 10. -$ 5 ,9 0 0 m illio n o f weekly Treasury b i l l s ($2,900 m illio n o f 13-week b i l l s to mature January 10, 1980, and $3,000 m illio n o f 26-week b i l l s to mature A p ril 10, 1980) t o be auctioned at 1:30 p .m ., EDST, Friday, October 5 and issu ed Thursday, October 11, 1979* -$ 1 ,5 0 0 m il lio n o f 15-year 1-month Treasury bonds maturing November 15, 199*+, t o be auctioned at 1:30 p .m ., EDST, Tuesday, October 9 and is su e d Tuesday, October 16, 1979* (Over) Forms f o r s u b m i t t i n g t e n d e r s f o r t h e n o t e s h a v e b e e n m a i l e d to you. S e p a r a t e n o t i c e s and fo r m s r e g a r d i n g t h e o f f e r i n g o f b i l l s t o b e a u c t i o n e d O c t o b e r 5 and t h e o f f e r i n g o f b o n d s t o be a u c t io n e d O ctob er 9 w i l l be m a ile d t o you s h o r t l y . A r e c o r d e d m e s s a g e ( a t t h e Head O f f i c e - T e l . No. 2 1 2 - 7 9 1 - 5 8 2 3 ; a t t h e B u f f a l o B r a n c h - T e l . N o. 7 1 6 - 8 4 9 - 5 0 4 6 ) p r o v i d e s i n f o r m a t i o n about th e T r e a su r y 's o f f e r i n g s . A d d itio n a l i n q u i r i e s r eg a r d in g t h e o f f e r i n g s and t h e r e v i s e d f i n a n c i n g s c h e d u l e may b e made by c a l l i n g , a t t h e Head O f f i c e , T e l . No. 2 1 2 - 7 9 1 - 6 6 1 9 , o r , a t t h e B u f f a l o B r a n c h , T e l . N o. 7 1 6 - 8 4 9 - 5 0 1 6 . T hom as M. T im l e n . First Vice President. Forms f o r s u b m i t t i n g t e n d e r s f o r t h e n o t e s h a v e b e e n m a i l e d to you. S e p a r a t e n o t i c e s and fo r m s r e g a r d i n g t h e o f f e r i n g o f b i l l s t o b e a u c t i o n e d O c t o b e r 5 and t h e o f f e r i n g o f b o n d s t o be a u c t io n e d O ctob er 9 w i l l be m a ile d t o you s h o r t l y . A r e c o r d e d m e s s a g e ( a t t h e Head O f f i c e - T e l . No. 2 1 2 - 7 9 1 - 5 8 2 3 ; a t t h e B u f f a l o B r a n c h - T e l . N o. 7 1 6 - 8 4 9 - 5 0 4 6 ) p r o v i d e s i n f o r m a t i o n about th e T r e a su r y 's o f f e r i n g s . A d d itio n a l i n q u i r i e s r eg a r d in g t h e o f f e r i n g s and t h e r e v i s e d f i n a n c i n g s c h e d u l e may b e made by c a l l i n g , a t t h e Head O f f i c e , T e l . No. 2 1 2 - 7 9 1 - 6 6 1 9 , o r , a t t h e B u f f a l o B r a n c h , T e l . N o. 7 1 6 - 8 4 9 - 5 0 1 6 . T hom as M. T im l e n . First Vice President.
@FedFRASER