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Federal R eserve Ba n k o f D allas
DALLAS, TEXAS

75222

Circular No. 82-101
August 16, 1982

RATES FOR DISCOUNTS AND ADVANCES

TO ALL DEPOSITORY INSTITUTIONS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
E ffective August 16, 1982, 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 half of one percent the basic discount
ra te . Also, the ra te s for other extended credit were reduced by one half of
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 a t this Bank. This
supplement should be inserted in Vol. I of the Regulations Binders and the
supplement dated August 2, 1982, should be removed.
Additional copies of this circular will be furnished upon request to
the D epartm ent of Communications, Financial and Community A ffairs of this
Bank, Ext. 6289.
Sincerely yours,

y .
Robert H. Boykin
President

Banks and others are encouraged to use the following incoming WATS 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

RATES FOR DISCOUNTS AND ADVANCES
The following ra te s with respect to discounts and advances under the Federal Reserve Act and
Regulation A are now in effect a t this Bank:

Rates on Discounts and Advances

Per Annum

Effective from

10V2%

August 16, 1982

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

10Vi%

August 16, 1982

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

11 V2%

August 16, 1982

T h e r e a f te r .........................................................................

12V2%

August 16, 1982

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)

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

8-16-82

A -l