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F ederal R eserve Bank o f Dallas

DALLAS, TEXAS

75222
C i r c u l a r No. 78-146
O ctober 13, 1978

RATES FOR DISCOUNTS AND ADVANCES

TO A LL MEMBER BANKS IN THE
ELEVENTH FEDERAL RESERVE D IS T R IC T:
Effective October 16, 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

8%

8 1/2 %

Section 10(b) when secured by
mortgages on o n e -to -fo u r fam ily
residential pro p e rty

8%

8 1/2

Section 10(b)

8 1/2

Section 2 0 1 .2 ( e ) ( 2 )

Regulation A

Last parag ra p h of Section 13

9%
11 %

%

9 1/2 %
11 1 / 2 %

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 re ­
viously furnished your ban k, in place of the supplement which is no
longer in effect.
S incerely y o 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)

BULLETIN 2

F E D E R A L R E S E R V E B AN K OF 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 l/i%

October 16,

1978

Advances to member banks under Section 10(b)
when secured by mortgages on one - to - four family
residential property............................................................................................... 8 ^2%

October 16,

1978

Advances to member banks under Section 10(b),
except as otherwise provided in this s c h e d u le .........................................

October 16,

1978

9%

Effective from

Advances to member banks for prolonged periods
and in significant amounts under Section 10(b) and
Section 201.2(e) (2) o f Regulation A ...........................................................9 ^2%

October 16, 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 ........................................................ Ili4%

October 16,

10-16-78

A- 1

1978