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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