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federal

Reserve Bank

DALLAS. TEXAS

of

Dallas

75222
C irc u la r N o . 8 2 -8 4
J u ly 20, 1982

RATES FOR DISCOUNTS AND ADVANCES

TO ALL DEPOSITORY INSTITUTIONS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
E f f e c t iv e July 20, 1982, the Board
R e se r v e S ystem approved a c tio n by the Board
R ese r v e Bank o f D allas d ecreasing by one half o f
r ate. Also, the ra te s for other exten d ed cred it
o f one percen t.

o f Governors o f the
o f D irecto rs o f the
one percen t the basic
w ere reduced by one

Federal
Federal
discount
one half

Printed on the reverse o f this circular is a copy o f Supplem ent A to
Bulletin 2 which contains the current rate schedule in e f f e c t a t this Bank. This
supplem ent should be inserted in Vol. I o f the R egulations Binders and the
supplem ent dated D e cem b er 4, 1982, should be rem oved.
Additional cop ies o f this circular will be furnished upon request to
the D ep artm en t o f Com m unications, Financial and C om m unity A ffa ir s o f this
Bank, Ext. 6289.
Sincerely yours,

Robert H. Boykin
President

Banks and others are encouraged to use the following incoming W A T S 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

Supplement A
R A T E S FO R D IS C O U N T S A N D A D V A N C E S

The following rates with resp ect to discounts and ad vances under the Federal Reserve Act and
Regulation A are now in e ffect at this Bank:

Rates on Discounts and Advances

Per Annum

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

Effective from

11*2%

July 20, 1982

First 60 days ............................................................................

11*4%

July 20, 1982

N ext 90 d a y s ............................................................................

12*2%

July 20, 1982

T h e r e a f t e r .................................................................................

13&%

July 20, 1982

Other exten d ed credit under 201.3(b)(2) of
Regulation A (special circum stances credit and
credit for institutions under sustained
liquidity pressures)

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

7-20-82

A -l