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treasury bond call

30 year notes called

 http://www.publicdebt.treas.gov/sec/seccall5.htm
Is this unusual for the termination of 30 year obligation by the US Gov.


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Treasury Bond Call

The Treasury Department has called for redemption on May 15, 2004, a 30-year bond issued in May 1979. The bond is the 9 1/8 Percent Treasury Bond of 2004-2009, CUSIP 912810CG1.
Under terms of the call, the bond will stop paying interest on May 15, 2004.

This page provides instructions for owners of the bond, whether you hold the security in the form of a bearer (coupon) bond or a registered bond, or in TreasuryDirect.

BEARER (COUPON) BOND HOLDERS

To redeem your bond, submit it -- with Coupons 51-60 attached -- to:

Definitives Section
Bureau of the Public Debt
200 Third St.
P.O. Box 426
Parkersburg, WV 26106-0426
(Phone 304-480-7936)

Please include a letter providing payment instructions and the address where the redemption check should be mailed. Also submit a completed IRS Form W-9. (You can download this form from the IRS.) Use insured registered mail.

If your security doesn't have all coupons attached, or if you have questions, contact Definitives Section.

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REGISTERED BOND HOLDERS

On May 15, 2004, the Treasury Department will pay final interest due to the owner of record as of April 15, 2004.

Principal will be paid to the registered owner or assignee upon presentation of the security.

Using registered mail, submit your bond to:

Definitives Section
Bureau of the Public Debt
200 Third St.
P.O. Box 426
Parkersburg, WV 26106-0426
(Phone 304-480-7936)

If you want the redemption check issued in the same name(s) as the registration, leave the assignment area on the back of the bond blank.

If you want the redemption check issued in a different name than the one on the registration, assign the security by entering the name(s) and address of the payee(s) on the "assignee line." In this case, your signature must be signed on the assignor line in the presence of an authorized certifying officer at a bank or other financial institution.

If your security has been lost, stolen, or destroyed, contact Definitives Section about submitting a claim for relief.

If you have questions, please contact Definitives Section.

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TreasuryDirect CUSTOMERS

Redemption

If you wish to receive final payment for your bond, you don't have to take any action. On May 15, 2004, we will pay the principal and final interest due. This payment will go by direct deposit to the owner of record at that time.

Reinvestment

On or about April 1, 2004, we will mail you a notice explaining how you can reinvest the bond. If you wish to reinvest, follow the instructions on the notice.

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OTHER BOND CALLS

November 15, 2003 . . . 8 3/4 Percent Treasury Bond of 2003-2008

August 15, 2003 . . . 8 3/8 Percent Treasury Bond of 2003-2008

November 15, 2002 . . . 7 7/8 Percent Treasury Bond of 2002-2007

February 15, 2002 . . . 7 5/8 Percent Treasury Bond of 2002-2007

May 15, 2000 . . . 8 1/4 Percent Treasury Bond of 2000-2005


Updated January 16, 2004