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F e d e r a l R e s e r v e Ba n k o f D a lla s
DALLAS, TEXAS

75222

C ircu lar No. 77-118
October 26, 1977

RATES FOR DISCOUNTS AND ADVANCES

TO ALL MEMBER BANKS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
Effective October 26, 1977, the Board of Governors of the Federal
Reserve System approved action by the Directors of the Federal Reserve
Bank of Dallas changing the rates on discounts and advances as shown
below:
FROM

TO

Sections 13 and 13a

5 3/4%

6%

Section 10(b) when secu red by
mortgages on one-to-four family
residential p ro p erty

5 3/4%

6%

Section 10(b)

6 1/4%

6 1/2%

6 3/4%

7%

8 3/4%

9%

Section 201.2(e)(2)

Regulation A

Last p ara g ra p h of Section 13

T h ere is prin ted on the r e v e rs e of this c irc u la r a copy of revised
Supplement A of our Bulletin No. 2 which sets forth all of the rates in ef­
fect at this Bank. T his should be inserted in the ring b in d er previously
furnished your ban k , in place of the supplement which is no longer in
effect.
Sincerely y o u r s ,
Ernest T . Baughman
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

BULLETIN 2

F E D E R A L R E S E R V E B AN K O F D A L L A S

Supplement A
RATES FOR DISCOUNTS AND ADVANCES

T he following rates w ith respect to d iscounts an d advances u n d e r th e Federal Reserve Act and
R egu latio n A are n o w in effect at this B ank:
R ates o n D iscounts an d Advances
Per A n n u m
D iscounts for an d advances to m em b er ban k s u n d er
Section 13 an d 13a o f th e F ederal Reserve A c t ............................................ 6%

O c to b e r 26, 1977

Advances to m em b er ban k s u n d er Section 10(b)
w h en secured b y mortgages on one - to - four family
residential p r o p e r t y ..................................................................................................6%

O c to b e r 26, 1977

Advances to m em b er b an k s u n d er Section 10(b),
except as o therw ise provided in this s c h e d u le ........................................... 6 V2%

O c to b e r 26, 1977

Advances to m em b er banks for p ro longed periods
and in significant a m o u n ts u n d er Section 10(b) and
Section 201.2(e) (2) o f R egulation A ..............................................................7%

O c to b e r 26, 1977

Advances to individuals, partnerships, an d co rp o ratio n s
o th e r th a n m em b er b an k s, secured b y direct obligations
o f the U nited States, u n d er th e last paragraph o f
Section 13 o f th e Federal Reserve A c t ........................................................... 9%

O c to b e r 26, 1977

10-26-77

A -1

Effective from