nycirc_1979_08611.pdf

F E D E R A L R E S E R V E B A N KO F N E W Y O R K

Fiscal Agent of the United States

I Circular No. 8611 July 26, 1979

TREASURY ANNOUNCES AUGUST QUARTERLY FINANCING

To All Banking Institutions, and Others Concerned, in the Second Federal Reserve District:

The following statement was issued yesterday by the Treasury Department:The Treasury will raise about $2,400 million of new cash and refund $4,827 million of securities maturing

August 15, 1979, by issuing $2,750 million of 3-year notes, $2,500 million of 71/2-year notes and $2,000 million of 2914-year bonds. The 7'/2-year notes will be an addition to the 9®7o notes of Series B-1987 originally issued February 15, 1979. The bonds will be an addition to the 9/,% Bonds of 2004-2009 originally issued May 15, 1979.

The $4,827 million of maturing securities are those held by the public, including $1,196 million held, as of today, by Federal Reserve Banks as agents for foreign and international monetary authorities. In addition to the public holdings, Government accounts and Federal Reserve Banks, for their own accounts, hold $2,721 million of the maturing securities that may be refunded by issuing additional amounts of new securities. Additional amounts of the new securities may also be issued to Federal Reserve Banks, as agents for foreign and international monetary authorities, to the extent that the aggregate amount of tenders for such accounts exceeds the aggregate amount of maturing securities held by them.Printed on the reverse side is a table summarizing the highlights of the offerings. Copies of the official

offering circulars will be furnished upon request directed to our Treasury and Agency Issues Division (Tel. No. 212-791-6619). In addition, enclosed are copies of the forms to be used in submitting tenders.

This Bank will receive tenders at the Securities Department of its Head Office and at its Buffalo Branch up to 1:30 p.m., Eastern Daylight Saving time, on the dates specified on the reverse side of this circular as the deadlines for receipt of tenders. A ll competitive tenders, whether transmitted by mail or by other means, must reach this Bank or its Branch by that time on the specified dates. However, for investors who wish to submit noncompetitive tenders and who find it more convenient to mail their tenders than to present them in person, the official offering circular for each offering provides that noncompetitive tenders will be considered timely received if they are mailed to this Bank or its Branch under a postmark no later than the date preceding the date specified for receipt of tenders.

Bidders submitting noncompetitive tenders should realize that it is possible that the average price may be above par, in which case they would have to pay more than the face value for the securities.

Payment may be made by personal check, or an official bank check, payable on its face to the Federal Reserve Bank of New York; checks endorsed to this Bank will not be accepted. A personal check submitted with the tender, either as a deposit or for the face amount of the securities, does not have to be certified. However, in cases where only a deposit is submitted with the tender, a personal check submitted for the final payment must be certified.

As provided in the official offering circular, “ in every case where full payment is not completed on time, the deposit submitted with the tender, up to 5 percent of the face amount of securities allotted, shall, at the discretion of the Secretary of the Treasury, be forfeited to the United States.”

A recorded message (at the Head Office — Tel. No. 212-791-5823; at the Buffalo Branch — Tel. No. 716-849-5046) provides information about this and other Treasury offerings; additional inquiries regarding this offering may be made by calling, at the Head Office, Tel. No. 212-791-6619, or, at the Buffalo Branch, Tel. No. 716-849-5016.

PAUL A. VOLCKER,President.

(Over)

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HIGHLIGHTS Of1 TREASURY OFFERINGS TO THE PUBLIC

AUGUST 1979 FINANCING TO BE ISSUED AUGUST 15, 1979

(Delivery date for coupon securities is August 15, 1979)

Amount Offered:To the public.....................................

Description of Security:Term and type of security................

Series and CUSIP designation..........

Maturity d a te ...................................

Call date.............................................

Interest coupon ra te .........................

Investment yield...............................

Premium or discount.......................

Interest payment dates.....................

Minimum denomination available ..

Terms of Sale:Method of s a le .................................

Accrued interest payable by investor ..

Preferred allotm ent.........................

Deposit requirement.........................

Deposit guarantee by designated institutions...................................

Key Dates:Deadline for receipt of tenders........

Settlement date (final payment due)a) cash or Federal funds..............

b) check drawn on bank within FRB district where submitted . . .

c) check drawn on bank outside FRB district where submitted . . .

Delivery date for coupon securities . . .

3-Year Notes

$2,750 million

3-year notes

Series M-1982 (CUSIP No. 912827 JV5)

August 15, 1982

No provision

To be determined, based on the average of accepted bids

To be determined at auction

To be determined after auction

February 15 and August 15

$5,000

Yield auction

None

Noncompetitive bid for $1,000,000 or less

5% of face amount

Acceptable

Tuesday, July 31, 1979, by 1:30 p.m., EDST

Wednesday, August 15, 1979

Friday, August 10, 1979

Thursday, August 9, 1979

Wednesday, August 15,1979

7V't-Year Notes

$2,500 million

7 'A -year notes

9% Series B-1987 (CUSIP No. 912827 JK9)

February 15, 1987

No provision

9%



February 15 and August 15

$ 1,000

Price auction

None


5°/o of face amount

Acceptable

Wednesday, August 1, 1979, by 1:30 p.m., EDST



Thursday, August 9,1979


29 V<-Year Bonds

$2,000 million

29 Va -year bonds

9/,% Bonds of 2004-2009 (CUSIP No. 912810 CGI)

May 15,2009

May 15, 2004

9 V,*h



November 15 and May 15

$ 1,000

Price auction

$22.81250 per $1,000(from May 15,1979 to August 15,1979)


5% of face amount

Acceptable

Thursday, August 2, 1979, by 1:39 p.m., EDST



Thursday, August 9, 1979



F O R M B A

IMPORTANT—Closing time for receipt of this tender is 1:30 p.m., Thursday, August 2, 1979

TENDER FOR 9y8% TREASURY BONDS OF 2004-2009

ADDITIONAL AMOUNT

•g.S’SS = stn 3 •« (J ft

X B i ! _ 8

j-2-cO O

c.2 cg< c jnc aj a JS o - g jj'HO -*-* 03

■£ -a.2-p rt 2C o

K 8 l°

d J3rt tuO$ £ c8 -g.S 8 | E

•52 O 1/3c ^ T35 c co I ™•— E m“ u.fc : g j :

3B «3 u£L) to QJ - <L»k gL> p rt

flj ^: S.ji

I - 3i£ 8;co ■» j-a jil.ti; c baiS.S.0 1 bc'C 1 E u!E.SV: S-S

£ E

n -S ’gu u-C3 a .2cr-3 c ^ ° 30> -3 u C c/5 rt rt —

i " re;J5-° 5 H v .

3 -C <y 9 •*-» u

E «3 C 3 3

To F ederal R eserve B a n k of N e w Y ork Fiscal Agent of the United States

New York, N.Y. 10045Dated at

, 19.

The undersigned hereby offers to purchase the above-described securities in the amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price awarded on this tender (plus accrued interest of $22.81250 per $1,000).

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

$ ........................................................................ (m atu rity va lu e)or any lesser am ount that m ay be aw arded.

Price:................. per 100 (minimum of 92.75)(Price must be expressed with not more than two

decimal places, for example, 100.00)

$ ........................................................................ (m atu rity va lu e)

(Not to exceed $1,000,000 for one bidder through all sources)at the average price of accepted com petitive bids.

Subject to allotment, please issue, deliver, and accept payment for the securities as indicated below and on the reverse side ( i f r e g i s t e r e d s e c u r i t i e s a r e d e s i r e d , p l e a s e a lso c o m p l e t e s c h e d u le o n r e v e r s e s i d e ) :

Pieces Denominations Maturity value □ Deliver over the counter to the undersigned O)

□ Ship to the undersigned (2)□ Hold in safekeeping (for member

bank only) in—□ Investment Account W□ General Account (5)□ Trust Account (6)

O Hold as collateral for Treasury Tax and Loan Account* (7)

Payment will be made as follows:□ By charge to our reserve account 1°)□ By cash or check in immediately

available funds□ By surrender of maturing securities <E)□ By charge to my correspondent

bank ..................................................<D)( N a m e o f b a n k )

$ 1 ,0 0 0

$ 5,000

$ 1 0 ,0 0 0

$ 1 0 0 ,0 0 0 □ Special instructions U)

$ 1 ,0 0 0 ,0 0 0

□ Wire to...........................................................................................................................(8)( E x a c t R e c e iv in g B a n k W i r e A d d r e s s /A c c o u n t)Totals

*The undersigned certifies that the allotted securities will be owned solely by the undersigned.(If a commercial bank or dealer is subscribing for its own account or for account of customers, the following

certifications are made a part of this tender.)

W e H ereby C er tify that w e have n ot m ade and w ill n ot m ake any agreem ents for the sale or purchase of any securities of th is issu e prior to the c losin g tim e for receipt of th is tender.

W e F u r t h e r C er tify that w e have received ten d ers from custom ers in the am ounts set forth opposite their nam es on the list w hich is m ade a part of th is ten d er, and that w e have received and are hold ing for the T reasu ry , or that w e guarantee paym ent to the T rea su ry , of the deposits stipulated in the official offering c ircular.

W e F u r t h e r Cer tify that tenders received by u s, if any, from other com m ercial banks or prim ary dealers for their ow n account, and fo r the account of their cu stom ers, have been entered w ith us under the sam e con d itions, agreem ents, and certifications set forth in th is form .

Insert this tender in special envelope marked

“ Tender for Treasury Notes or Bonds”

( Institutions submitting tenders for customer account must list dustomers’ names on lines below or on an attached rider)

N a m e o f S u b s c r ib e r (P le a s e P r i n t o r T y p e )

A d d r e s s

C i ty S ta te Z ip C ode

P h o n e ( I n c lu d e A r e a C o d e) S ig n a t u r e o f S u b s c r ib e r o r A u th o r iz e d S ig n a tu r e

T i t l e o f A u th o r iz e d S ig n e r

( N a m e o f c u s to m e r ) ( N a m e o f c u s to m e r )

INSTRU CTIO NS:1. No tender for less than $1,000 will be considered; and each tender must be for a multiple of $1,000 (maturity value).2. Only banking institutions, and dealers who make primary markets in Government securities and report daily to this

Bank their positions with respect to Government securities and borrowings thereon, may submit tenders for customer account; in doing so, they may consolidate competitive tenders at the same price and may consolidate noncompetitive tenders, provided a list is attached showing the name of each bidder and the amount bid for his account. Others will not be permitted to submit tenders except for their own account.

3. Tenders will be received without deposit from commercial and other banks for their own account, federally-insured savings and loan associations, States, political subdivisions or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership, 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 of at least 5 percent of the face amount of the securities applied for.

4. A personal check, cash, or Treasury securities maturing on or before the issue date of the new securities may be submitted with the tender. Personal checks submitted with the tender, either as a deposit or for the face amount of the securities, do not have to be certified. However, in cases where only a deposit is submitted with the tender, a personal check submitted for the final payment must be certified and received at this Bank on the payment date (which is generally three business days before the issue date) shown on the “Notice of Balance Due” that will be mailed to you. All checks must be payable on its face to the Federal Reserve Bank of New Y ork; checks endorsed to this Bank zcill not be accepted. Settlement on the issue date must be in cash or in other immediately available funds.

5. A recorded message (at the Head Office—Tel. No. 212-791-5823; at the Buffalo Branch—Tel. No. 716-849-5046) provides information about Treasury offerings; additional inquiries regarding Treasury offerings may be made by calling, at the Head Office, Tel. No. 212-791-6619, or, at the Buffalo Branch, Tel. No. 716-849-5016.

6. If the language of this tender is changed in any respect that, in the opinion of the Secretary of the Treasury, is material, the tender may be disregarded.

( o v e r )


SCHEDULE FOR ISSUE OF REGISTERED TREASURY SECURITIES SUBSCRIPTION NO

SUBSCRIBER'S NAME

ADDRESS _____________

C IT Y __________________

SIGNATURE

-STATE _ZIP

DELIVERY INSTRUCTIONS

□ DELIVER OVER THE COUNTER

□ SHIP TO SUBSCRIBER

□ OTHER INSTRUCTIONS:

PAYMENT INSTRUCTIONS

□ BY CHARGE TO OUR RESERVE ACCOUNT

□ BY CASH OR CHECKIN IMMEDIATELY AVAILABLE FUNDS

□ BY SURRENDER OF MATURING SECURITIES

□ BY CHARGE TO MY CORRESPONDENT BANK

FOR FRB USE O N LY

TRANS. ACCOUNTING DATE

ISSU E AG EN T 12 LOAN CODE

110 01

REGISTRATION INSTRUCTIONSNO. OF PIECES DENOM. AMOUNT SERIAL NOS.

(LEAVE BLANK)

NAME(S) 30 1,000

32 5,000

34 10,000

38 loo.ooo

ID OR S.S. NO.42 1,000.000

ADDRESS 99 TOTAL

CITY STATE ZIP

NAME(S) 30 1,000

32 5,000

34 10,000

38 100,000ID OR S.S. NO.

42 1,000,000

ADDRESS 99 TOTAL

CITY STATE ZIP

NAME(S) 30 1,000

32 5,000

34 10,000

38 100,000ID OR S.S. NO.

42 1,000,000

ADDRESS 99 TOTAL

CITY STATE ZIP

FOR FRB USE ONLY

TR. CASE NO.

TR. CASE NO.

TR. CASE NO.


PRIV

AC

Y A

CT

STA

TEM

ENT

— T

he in

divi

dual

ly id

entif

iabl

e in

form

atio

n re

quire

d on

this

form

is n

eces

sary

to p

erm

it th

e su

bscr

iptio

n to

be

proc

esse

d an

d th

e se

curit

ies

to b

e iss

ued.

If r

egist

ered

sec

uriti

es

are

requ

este

d, th

e re

gula

tions

gov

erni

ng U

nite

d St

ates

secu

ritie

s (D

epar

tmen

t Circ

ular

No.

300

) and

the

offe

ring

circ

ular

requ

ire s

ubm

issio

n of

soci

al s

ecur

ity n

umbe

rs; t

he n

umbe

rs a

nd o

ther

info

rmat

ion

are

used

in

insc

ribin

g th

e se

curit

ies

and

esta

blis

hing

and

ser

vici

ng t

he o

wne

rshi

p an

d in

tere

st re

cord

s. Th

e tra

nsac

tion

will

not

be c

ompl

eted

unl

ess

all

requ

ired

data

is

furn

ishe

d.

Form NB

IMPORTANT — Closing time for receipt of this tender is 1:30 p.m., Wednesday, August 1, 1979

T E N D E R FO R 7 V i-Y E A R 9«7o T R E A SU R Y N O T E S O F SE R IES B-1987

FEDERAL RESERVE BANK OF NEW YORK. Dated atFiscal Agent of the United States.

New York. N.Y. 10045

The undersigned hereby offers to purchase the above-described securities in the amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price awarded on this tender.

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.Price............. per 100 (minimum of 98.25)

$ ......................... (maturity value)(Not to exceed SI.000.000 for one bidder through all sources)

at the average price of accepted competitive bids.(Price must be expressed with not more than two

decimal places, fo r example, 100.00)Subject to allotment, please issue, deliver, and accept payment for the securities as indicated below and

on the reverse side (if registered securities are desired, please also complete schedule on reverse side):

Pieces Denomination Maturity value

$ 1,000

5.000

10.000

100,000

1,000.000

Totals

Q Deliver over the counter to the undersigned (1)


bank only) in —□ Investment Account (4)□ General Account (5)□ Trust Account (6)

O Hold as collateral for Treasury Tax and Loan Account* (7)

□ Wire to

Payment will be made as follows:_ By charge to our reserve account (D)

By cash or check in immediately available funds (F)By surrender of maturing securities (E) By charge to my correspondent

' bank................................................ (D)(Name of bank)

□ Special instructions (3)

....................................................................................................................................................................................... ( 8 )(Exact Receiving Bank Wire Address/Account)

* The undersigned certifies that the allotted securities will be owned solely by the undersigned.(If a commercial bank or dealer is subscribing for its own account or for account of customers, the following

certifications are made a part of this tender.)W E HEREBY CERTIFY that we have not made and will not make any agreements for the sale or purchase of

any securities of this issue prior to the closing time for receipt of this tender.W E FURTHER CERTIFY that we have received tenders from customers in the amounts set forth opposite their

names on the list which is made a part of this tender, and that we have received and are holding for the Treasury, or that we guarantee payment to the Treasury, of the deposits stipulated in the official offering circular.W E FURTHER CERTIFYthat tenders received by us, if any, from other commercial banks or primary dealers for

their own account, and for the account of their customers, have been entered with us under the same conditions, agreements, and certifications set forth in this form.


“ Tender for Treasury Notes or Bonds"

NAME OF S U B S C R IB E R (P L E A S E P R IN T OR T Y P E )

C IT Y

PHONE (IN C LU D E AREA COOE)

T IT L E OF AU THO RIZED S IG N ER

SIG N ATU RE OF S U B S C R IB E R OR AUTHO RIZED SIGNATURE

(Institutions submitting tenders for customer account must list customers’ names on lines below or on an attached rider)

(Name of customer) (Name of customer)

INSTRUCTIONS:1. No tender for less than $1,000 will be considered; and each tender must be for a multiple of $1,000 (maturity value).2. Only banking institutions, and dealers who make primary markets in Government securities and report daily to this Bank their positions

with respect to Government securities and borrowings thereon, may submit tenders for customer account; in doing so, they may consolidate competitive tenders at the same price and may consolidate noncompetitive tenders, provided a list is attached showing the name of each bidder and the amount bid for his account. Others will not be permitted to submit tenders except for their own account.


4. A personal check, cash, or Treasury securities maturing on or before the issue date of the new securities may be submitted with the tender. Personal checks submitted with the tender, either as a deposit or for the face amount of the securities, do not have to be certified. However, in cases where only a deposit is submitted with the tender, a personal check submitted for the final payment must be certified and received at this Bank on the payment date (which is generally three business days before the issue date) shown on the “ Notice of Balance Due” that will be mailed to you. All checks must be payable on its face to the Federal Reserve Bank of New York; checks endorsed to this Bank will not be accepted. Settlement on the issue date must be in cash or in other immediately available funds.



(OVER)


SCHEDULE FOR ISSUE OF REGISTERED TREASURY SECURITIES SUBSCRIPTION NO

S U B S C R I B E R ' S N A M E ___________________________________________________________________________

A D D R E S S _______________________________________________________________________________________________

C I T Y ________________________________________________________ S T A T E __________________________ Z I P

S I G N A T U R E ___________________________________________________________________________________________

R E G I S T R A T I O N I N S T R U C T I O N S NO. OF P I ECES DENOM. A M O U N T

SERI AL NOS. (LEAVE BLANK) F O R F R B U S E O N L Y

N A M E ( S ) 30 1,000

32 5 ,0 00

34 10,000

38 100,000

I D O R S . S . NO. 42 1,000,000

A D D R E S S 99 T O T A L

C I T Y S T A T E Z I P T R . CASE NO.

N A M E ( S ) 30 1,000

32 5,000

10,00034

38 100,000

I D O R S . S . NO.42 1,000,000

A D D R E S S 99 T O T A L


N AM E ( S ) 30 1,000

32 5.000

34 10,000

38 100,000

ID O R S . S . NO.42 1,000,000

A D D R E S S99 T O T A L


DELIVERY INSTRUCTIONS PAYMENT INSTRUCTIONS

□ DELIVER OVER THE COUNTER


□ OTHER INSTRUCTIONS:

□ BY CHARGE TO OUR RESERVE ACCOUNT

□ BY CASH OR CHECK IN IMMEDIATELY AVAILABLE FUNDS

□ BY SURRENDER OF MATURING SECURITIES

n BY CHARGE TO MYCORRESPONDENT BANK

F O R F R B U S E O N L Y

T RANS. A C C O U N T I N G D A T E

IS S U E A G E N T 12 L O AN C O D E

1 1 0 - 0 1


PRIV

ACY

ACT

STA

TEM

ENT

— T

he in

divi

dual

ly id

entif

iabl

e in

form

atio

n re

quire

d on

this

form

is n

eces

sary

to p

erm

it th

e su

bscr

iptio

n to

be

proc

esse

d an

d th

e se

curit

ies

to b

e iss

ued.

If r

egist

ered

sec

uriti

es

are

requ

este

d, th

e re

gula

tions

gov

erni

ng U

nite

d St

ates

secu

ritie

s (D

epar

tmen

t Circ

ular

No.

300)

and

the

offe

ring

circ

ular

requ

ire s

ubm

issio

n of

soci

al s

ecur

ity n

umbe

rs; t

he n

umbe

rs a

nd o

ther

info

rmat

ion

are

used

in

insc

ribin

g th

e se

curit

ies

and

esta

blis

hing

and

ser

vici

ng t

he o

wne

rshi

p an

d in

tere

st r

ecor

ds.

The

trans

actio

n wi

ll no

t be

com

plet

ed u

nles

s al

l re

quire

d da

ta i

s fu

rnis

hed.

Form NA

IMPORTANT — Closing time for receipt of this tender is 1:30 p.m., Tuesday, July 31, 1979

TENDER FOR 3-YEAR TREASURY NOTES OF SERIES M-1982

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

New York, N.Y. 10045Dated at

, 19 ..

The undersigned hereby offers to purchase the above-described securities in the amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price awarded on this tender.

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.

Yield:.......(Yield must be expressed with not more than two

decimal places, for example, 7. / /)

$ ..................................................... (maturity value)(Not to exceed $1,000,000for one bidder through all sources)

at the average price of accepted competitive bids.

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

Pieces Denomination Maturity value

XXX xxxxxx XXX XXX XXX

$ 5,000

10,000

100,000

1,000,000

Totals

□ Deliver over the counter to the undersigned (I)


bank only) in —□ Investment Account (4)□ General Account (5)□ Trust Account (6)

□ Hold as collateral for Treasury Tax and Loan Account* (7)

□ Wire to

Payment will be made as follows:] By charge to our reserve account (D)] By cash or check in immediately

available funds (F)By surrender of maturing securities (E) By charge to my correspondentbank................................................ (D)

____________ (Name of bank)_______

□ Special instructions (3)

...................................................................................... (8)(Exact Receiving Bank Wire Address/Account)

* The undersigned certifies that the allotted securities will be owned solely by the undersigned.(If a commercial bank or dealer is subscribing for its own account or for account of customers, the following

certifications are made a part of this tender.)WE HEREBY CERTIFY that we have not made and will not make any agreements for the sale or purchase of

any securities of this issue prior to the closing time for receipt of this tender.WE FURTHER CERTIFY that we have received tenders from customers in the amounts set forth opposite their

names on the list which is made a part of this tender, and that we have received and are holding for the Treasury, or that we guarantee payment to the Treasury, of the deposits stipulated in the official offering circular.

WE FURTHER CERTIFY that tenders received by us, if any, from other commercial banks or primary dealers for their own account, and for the account of their customers, have been entered with us under the same conditions, agreements, and certifications set forth in this form.


"Tender for Treasury Notes or Bonds"

NAME OF SU B S C R IB ER (P L E A S E P R IN T OR T Y P E )

ADDRESS

C IT Y ST A T E Z IP

PHONE (IN CLU D E AREA CODE) SIGN ATU RE OF S U B S C R IB ER Of AUTHORIZED SIGNATURE

T IT L E OF AUTHORIZED SIGN ER

(Institutions submitting tenders for customer account must list customers’ names on lines below or on an attached rider)

(Name of customer)

INSTRUCTIONS;(Name of customer)

1. No tender for less than $5,000 will be considered; and each tender must be for a multiple of $5,000 (maturity value).2. Only banking institutions, and dealers who make primary markets in Government securities and report daily to this Bank their positions

with respect to Government securities and borrowings thereon, may submit tenders for customer account; in doing so, they may consolidate competitive tenders at the same yield and may consolidate noncompetitive tenders, provided a list is attached showing the name of each bidder and the amount bid for his account. Others will not be permitted to submit tenders except for their own account.


4. A personal check, cash, or Treasury securities maturing on or before the issue date of the new securities may be submitted with the tender. Personal checks submitted with the tender, either as a deposit or for the face amount of the securities, do not have to be certified. However, in cases where only a deposit is submitted with the tender, a personal check submitted for the final payment must be certified and received at this Bank on the payment date (which is generally three business days before the issue date) shown on the “ Notice of Balance Due” that will be mailed to you. All checks must be payable on its face to the Federal Reserve Bank of New York; checks endorsed to this Bank will not be accepted. Settlement on the issue date must be in cash or in other immediately available funds.



5 . (OVER)


SCHEDULE FOR ISSUE OF REGISTERED TREASURY SECURITIES SUBSCRIPTION NO.

S U B S C R I B E R ’ S N A M E .

A D D R E S S ____________________

C I T Y ____________________________

s i g n a t u r e .

. S T A T E . . Z I P .

DELIVERY INSTRUCTIONS PAYMENT INSTRUCTIONS


□ DELIVER OVER THE COUNTER □ BY CHARGE TO OURRESERVE ACCOUNT

□ BY CASH OR CHECK INIMMEDIATELY AVAILABLE FUNDS

□ OTHER INSTRUCTIONS: □ BY SURRENDER OFMATURING SECURITIES

[~ ] BY CHARGE TO MYCORRESPONDENT BANK

F O R F R B U S E O N L Y

T RANS. A C C O U N T I N G D A T E

ISSUE A G E N T 12 L O AN C O D E

1 1 0 - 0 1

R E G I S T R A T I O N I N S T R U C T I O N S NO. OF P IE C E S A M O U N T

S E R IA L NOS. (L E A V E BLAN K) F O R F R B U S E O N L Y

N A M E ( S )

ID O R S . S . NO.

A D D R E S S

C I T Y

N A M E ( S )

I D O R S . S . NO.

A D D R E S S

C I T Y

S T A T E Z I P

S T A T E Z I P

5 ,000

10 ,000

10 0 ,0 0 0

1,000 ,000

99 T O T A L

5,000

10,000

1 0 0 ,0 0 0

1, 0 0 0 , 0 0 0

99 T O T A L

T R . C AS E NO.

T R . C ASE NO.

N AM E ( S )

ID O R S . S . NO.

A D D R E S S

C I T Y S T A T E Z I P

5,000

10,000

1 0 0 ,0 0 0

1 , 0 0 0 ,0 0 0

99 T O T A L

T R . CASE NO.


Documents

nycirc_1979_08611.pdf