Full text of Federal Reserve Bank of New York Circulars : Amended Results of Treasury's 3-1/2-Year Note Auction

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AMENDED RESULTS OF TREASURY'S
3-1/2-YEAR NOTE AUCTION

The following statement was issued by the Treasury Department
in connection with the results of its February Quarterly Financing:

During the recording of bids in the 3-l/2-year note auction
of Tuesday, February 3, a Federal Reserve Bank understated com­
petitive bids by $100 million. As a result of correcting this
understatement, the total amount of competitive tenders accepted
from private investors is changed from $2,376 million to $2,1+76
million.
The total amount accepted in the auction is changed
from $3,752 million to $3,852 million. All other particulars in
the announcement remain the same.

FEDERAL RESERVE BANK OF NEW YORK
Fiscal Agent of the United States

[Ref. Cir. No. 9013]




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