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FEDERAL RESERVE BANK OF DALLAS
DALLAS. TEXAS

75222

Circular No. 82-165
D e c e m b e r 14, 1982

BULLETIN 2
RATES FOR DISCOUNTS AND ADVANCES

TO ALL DEPOSITORY INSTITUTIONS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
E ffectiv e Decem ber 14, 1982, the Board o f Governors o f the Federal
Reserve System approved action by the Board o f D irectors o f the Federal Reserve
Bank of Dallas decreasing by one half o f one percent the basic discount rate.
Also, the rates for other extended credit were reduced by one half of
one percent.
Printed on the reverse of this circular is a copy o f Supplement A to
Bulletin 2 which contains the current rate schedule in e f f e c t at this Bank. This
supplement should be inserted in Volume 1 of the Regulations Binders and the
supplement dated November 23, 1982, should be removed.
Additional copies of this circular will be furnished upon request to the
Department of Communications, Financial and Community Affairs o f this Bank,
Extension 6289.
Sincerely yours,

{JUt/j.LLRobert H. Boykin /
President

Banks and others are encouraged to use the following incoming W ATS numbers in contacting this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the
extension referred to above.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

BULLETIN 2

FEDERAL RESERVE BANK OF DALLAS

S u p p le m e n t A

RATES FOR DISCOUNTS AND ADVANCES
The following rates with respect to discounts and advances under the Federal Reserve Act and
Regulation A are now in effect at this Bank:

Rates on Discounts and Advances

Per Annum

Basic rate: short-term adjustment credit under
201.3(a) and seasonal credit under 201.3(b)(1) of
Regulation A 1 .............................................................................

Effective from

8 */2%

December 14, 1982

First 60 d a y s .........................................................................

8 V2 %

December 14, 1982

Next 90 d a y s .........................................................................

9 V2%

December 14, 1982

T h erea fter.............................................................................

10 V2%

December 14, 1982

Other extended credit under 201.3(b)(2) of
Regulation A (special circumstances credit and
credit for institutions under sustained
liquidity pressures)

1This is also the discount rate for 90-day commercial paper and other paper eligible for

discount.

12-14-82

A-1