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F ederal R eserve Ban k o f Dallas DALLAS, TEXAS 75222 C irc u la r No. 78-134 September 22, 1978 RATES FOR DISCOUNTS AND ADVANCES TO ALL MEMBER BANKS IN THE ELEVENTH FEDERAL RESERVE D ISTR IC T: Effective September 22, 1978, 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 7 3 /4 % 8% Section 10(b) when secured by mortgages on o n e -to -fo u r family residential pro p e rty 7 3 /4 % 8% Section 10(b) 8 1/4 % 8 1/ 2% Section 2 0 1 .2 (e ) (2) Regulation A 8 3 /4 % 9% 10 3 /4 % 11 % Last paragraph of Section 13 T h e re is p rin te d on the reverse of this c ir c 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 h is should be inserted in the Regulations Binder p r e viously furnished your b an k, in place of the supplement which is no longer in effect. S in ce re ly yo u rs , Ernest T . Baughman President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) B U L L E T IN 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 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 member banks under Section 13 and 13a o f the Federal Reserve A c t ..........................................8% Effective from September 22, 1978 Advances to member banks under Section 10(b) when secured by mortgages on one - to - four family residential p rop erty...............................................................................................8% September 22, 1978 Advances to member banks under Section 10(b), except as otherwise provided in this s c h e d u le ......................................... 8 / 2% September 22, 1978 Advances to member banks for prolonged periods and in significant amounts under Section 10(b) and Section 2 01.2(e) (2) o f Regulation A ........................................................... 9% September 22, 1978 Advances to individuals, partnerships, and corporations other than member 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 ........................................................ 11% 9-22-78 A- 1 September 22, 1978
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