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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 T his should be inserted in the ring b in d er previously furnished your ban k , in place of the supplement which is no longer in effect.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