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F ed er a l Re s e r v e Ba n k

DALLAS. TEXAS

of

Dallas

75222
Circular No. 82-156
November 22, 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 N ovem ber 23, 1982, the Board o f G overnors o f the Federal
R ese r v e S ystem approved ac tio n by the Board o f D irecto rs o f the Federal R eserve
Bank o f D allas decreasin g by one half o f one p ercen t the basic discount rate.
A lso, the r a te s for other e x te n d ed cred it w ere reduced by one half o f one
p ercen t.
Printed on the reverse o f this circular is a copy o f Supplem ent A to
Bulletin 2 which contains the current r a te 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 egu lation s Binders and the
supplem ent dated O ctober 12, 1982, should be rem oved.
Additional copies 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 ffairs o f this Bank,
Ext. 6289.
Sincerely yours,

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)

B U LLE TIN 2

FEDERAL RESERVE B A N K OF D ALLAS

Supplement A

RATES FOR DISCOUNTS AND ADVANCES
The following rates with resp ect to discounts and ad vances under the Federal Reserve A ct and
Regulation A are n ow in e ffect at this Bank:

Rates on Discounts and Advances

Per Annum

Effective from

Basic rate: short-term adjustment credit under
201.3(a) and se a so n a l credit under 201.3(b)(1) of
Regulation A1 ................................................................................

9%

November 23, 1982

First 60 days

9%

November 23, 1982

N ext 90 days

10%

November 23, 1982

Thereafter .

11%

November 23, 1982

Other extended 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.

11-23-82

A-1