Amount TABLE 29.-Securities issued in advance refunding operations—Continued Date of exchange and description of securities issued July 24, 1964: Per Per 4% bond, Oct. 1, 1969 .. $637.3 34% note, Aug. 15, 1964-E.. 4% bond, Nov. 15, 1973. 342.7 34% note, Aug. 15, 1964-E.... 44% bond, Aug. 15, 1987-92.... 196.0 34% note, Aug. 15, 1964-E.. 1 The effective rate of interest on the new issue is the coupon rate adjusted for the amount paid by or paid to the Treasury as discount or premium on the new security exchanged for eligible securities originally issued at par. For eligible securities originally issued at prices other than par, the payment by or to the Treasury is applied to the price adjusted for the pro rata amortization of the original discount or premium to the date of the advance refunding. Based on the mean of bid and asked prices of securities eligible for exchange (adjusted for payments on account of purchase price of securities issued) at noon on the day before announcement by the Treasury. Gain or loss on exchange deferred in accordance with sec. 1037a of the Internal Revenue Code. • Additional issue. TABLE 30.-Description of agency securities and D.C. Armory Board Stadium bonds subject to statutory limitation, June 30, 1972 [On basis of daily Treasury statements, see "Bases of Tables"] Securities Rate of interest Amount UNMATURED Debt Percent District of Columbia Armory Board Stadium bonds of 1970-79 issued under the act of Sept. 7, 1957, as amended (2 D.C. Code 1722-1727)1 2. Federal Housing Administration debentures issued under the act of June 27, 1934, as amended (12 U.S.C. 1701-1750g)3 4 TABLE 30.-Description of agency securities and D.C. Armory Board Stadium bonds subject to statutory limitation, June 30, 1972-Continued Securities UNMATURED DEBT-Continued Federal Housing Administration debentures issued under the act of June 27, 1934, as amended (12 U.S.C. 1701-1750g) 3 4-Continued Commodity Credit Corporation, interest.. District of Columbia Armory Board, interest.. Federal Farm Mortgage Corporation: Principal... Interest. 11.25 54,999.00 83,900.00 28,999.95 8,450.00 2,213. 13 198, 750.00 62, 740.07 19.25 440, 082.65 474, 001, 832.65 Issued on June 1, 1960, at a price to yield 4.1879 percent, but sale was not consummated until Aug. 2, 1960. Interest is payable semiannually on June 1 and Dec. 1. These bonds are redeemable on and after June 1, 1970, and mature on Dec. 1, 1979. 'The securities and the income derived therefrom, and gain from the sale or other disposition thereof or transfer as by inheritance or gift, are subject to taxation by the United States, but are exempt both as to principal and interest from all taxation, except estate and inheritance taxes, imposed by the District of Columbia. Issued and payable on various dates. Interest is payable semiannually on Jan. 1 and July 1. All unmatured debentures are redeemable on any interest day or days, on 3 months' notice. Under the Public Debt Act of 1941 (31 U.S.C. 742a), income or gain derived from these securities is subject to all Federal taxes now or hereafter imposed. The securities are subject to surtaxes, estate, inheritance, or gift taxes whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, municipality, or local taxing authority. Debentures issued on contracts entered into before Mar. I, 1941, are exempt from all taxation except surtaxes, estate, inheritance, and gift taxes. Funds are on deposit with the Treasurer of the United States for payment of principal of $291,100 and interest of $148,982.65. NOTE. For securities held by the Treasury see table 108. |