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F ederal Reserve Ba n k o f Dallas DALLAS, TE X A S 75222 C i r c u l a r No. 78-91 J u l y 3, 1978 RATES FOR DISCOUNTS AND ADVANCES TO ALL MEMBER BANKS IN THE ELEVENTH FEDERAL RESERVE DISTRICT: Effective J u ly 3, 1978, t h e Board of G o v e r n o r s of the Federal R e s e r v e System a p p r o v e d action b y th e D ire c to rs of th e F ederal R e s e r v e Bank of Dallas c h a n g i n g the ra te s on d is c o u n t s a nd a d v a n c e s a s shown below: FROM TO S e ctions 13 a n d 13a 7 % 7 i/a % Section 10(b) w hen s e c u r e d by m o rtg ag e s on o n e - to - f o u r family re s id e n tia l p r o p e r t y 7 % 7 1/4 % Section 10(b) 7 1/2 7 3/4 % 8 1/4 % Section 201. 2 (e) (2) R egulation A Last p a r a g r a p h of Section 13 10 % 10 1/4 % T h e r e is p r in t e d on the r e v e r s e of t h is c i r c u l a r a co p y of r e v is e d Supp lem ent A of o u r Bulletin No. 2 w hich s e ts forth all of the ra te s in effect at th is B ank. T h i s shou ld be in s e r te d in th e R egulations B ind e r p r e v i o u s l y f u r n i s h e d y o u r b a n k , in pla ce of the s u p p le m e n t which is no lo n g e r in effect. S in c e r e ly y o u r s , E r n e s t 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 ERAL RESERVE BANK OF DALLAS Supplement A RATES FOR DISCOUNTS AND ADVANCES 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 Discounts and Advances Per Annum Discounts for and advances to m em ber banks under Section 13 and 13a o f the Federal Reserve A c t.................................... 7/4% Effective from July 3, 1978 Advances to m em ber banks under Section 10(b) when secured by mortgages on one - to - four family residential p r o p e rty ....................................................................................... 7/4% July 3, 1978 Advances to m em ber banks under Section 10(b), except as otherwise provided in this s c h e d u le ....................................... 7%% July 3, 1978 Advances to m em ber banks for prolonged periods and in significant am ounts under Section 10(b) and Section 201.2(e) (2) o f Regulation A ..................................................... 8/4% Advances to individuals, partnerships, and corporations other than m em ber banks, secured by direct obligations o f the United States, under the last paragraph o f Section 13 o f the Federal Reserve A c t ...................................................10/4% 7-3-78 A -1 July 3 ,1 9 7 8 July 3, 1978
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