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Treasury Passes Up Call on 8 Billion in Bonds
Washington May 9 Treasury for the first time in 18 years passes up a call opportunity on 2 percent bonds issued 1943 and due Sept 15 1953 totaling 7 986 262 500. It will not call the Sept 15 1951 date and instead funds a separate 3 percent issue of 755 million from 1931 due Sept 15 1953 to be refunded by short term securities while offering new savings notes at rates above recent levels starting May 15 with 1.41 percent for six months or less and 1.38 percent for a full three year term.
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Washington
Treasury
Howeever
Snyder