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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