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federal reserve Bank o f Dallas DALLAS, TEXAS 75222 C ircu la r N o. 8 2 -1 1 3 A u g u s t 27, 1982 RATES FOR DISCOUNTS AND ADVANCES TO ALL DEPOSITORY INSTITUTIONS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: Effective August 27, 1982, the Board of Governors of the Federal Reserve System approved action by the Board of Directors of the Federal Reserve Bank of Dallas decreasing by one half of 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 of Supplement A to Bulletin 2 which contains the current rate schedule in effect at this Bank. This supplement should be inserted in Vol. I of the Regulations Binders and the supplement dated August 16, 1982, should be removed. Additional copies of this circular will be furnished upon request to the Department of Communications, Financial and Community Affairs of this Bank, Ext. 6289. Sincerely yours, M. 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 respect to discounts and advances under the Federal Reserve Act and Regulation A are now in effect at this Bank: Rates on D iscounts and A d van ces Per Annum E ffective from 10% August 27, 1982 First 60 d a y s .................................................................. 10% August 27, 1982 Next 90 d a y s .................................................................. 11% August 27, 1982 T h ereafter....................................................................... 12% August 27, 1982 Basic rate: short-term adjustment credit under 201.3(a) and seasonal credit under 201.3(bXl) 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. 8 -27-82 A-1
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