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F E D E R A L R E S E R V E B A N K O F D A LL A S DALLAS. TEXAS 7S222 Circular No. 81-231 December 3, 1981 RATES FOR DISCOUNTS AND ADVANCES TO ALL DEPOSITORY INSTITUTIONS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: Effective December 4, 1981, the Board of Governors of the Federal Reserve System approved action by the Board of D irectors of the Federal Reserve Bank of Dallas decreasing by one percent the basic discount rate. Also, the ra te s for other extended credit were reduced by one percent. Printed on the reverse of this circular is a copy of Supplement A to Bulletin 2 which contains the current ra te schedule in e ffe c t at this Bank. This supplement should be inserted in Vol. I of the Regulations Binders and the supplement dated November 17, 1981, should be removed. Additional copies of this circular will be furnished upon request to the D epartm ent of Communications, Financial and Community Affairs of this Bank, Ext. 6289. Sincerely yours, |J. Robert H. President B a n k s a n d o th e r s ar e e n c o u r a g e d to us e th e fo llo w in g in c o m in g W A T S n u m b e r s in c o n t a c t in g th is Bank: 1- 800-442-7 140 ( in tr a s t a te ) an d 1-800-527-9 200 (in terstate). Fo r c a lls p la c e d lo cally, p l e a s e u s e 651 plus th e e x te n s io n refe rred 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 Supplem ent 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 Effective from 12% December 4, 1981 F irst6 0 d a y s ..................................................................... 12% December 4, 1981 Next 90 d a y s ..................................................................... 13% December 4, 1981 T h e r e a f te r ......................................................................... 14% December 4, 1981 Basic rate: short-term adjustment credit under 201.3(a) and seasonal credit under 201.3(b)(1) of Regulation A1......................................................................... 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. 12-4-81 A-l
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