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F ederal

reserve bank of

DALLAS, TE X A S

Dallas

75222

C ir c u la r No. 79-158
S ep tem b er 18, 1979

RATES FOR DISCOUNTS AND ADVANCES

TO ALL MEMBER BANKS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
Effective September 19, 1979, the Board of Governors of the
Federal Reserve System ap prov ed action by the Directors of the Federal
Reserve Bank of Dallas ch anging the rates on discounts and advances as
shown below:
FROM

TO

Sections 13 and 13a

10 1/2

%

11

%

Section 10(b) when se cu red by
mortgages on one-to-four family
residential prope rty

10 1/2

%

11

%

Section 10(b)

11

%

111/2%

Section 20 1.2 (e) (2) Regulation A 11 1/2

%

12

%

Last p a r a g r a p h of Section 13

%

14

%

13 1/2

There is printed on the r e v e r s e of this cir 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. Th is should be inserted in the Regulations Binder p r e ­
viously fu rn ished your bank, in place of the supplement which is no longer
in effect.
Sincerely y o u r s,
Ernest T . Baughman
President
B a n k s a nd o th e rs are e n c o u ra g e d to use th e fo llo w in g in c o m in g W A TS n u m b e rs in c o n ta c tin g th is Bank:
1-800-442-7140 (in tra s ta te ) a n d 1-800-527-9200 (in te rs ta te ). F o r c a lls p la ce d lo c a lly , p le a se use 651 p lu s th e
e x te n s io n re fe rre d to above.

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

BULLETIN 2

FE D E R A L RESERVE B ANK OF DALLAS

Supplement A
RATES FOR DISCOUNTS AND ADVANCES
The following rates with respect to discounts and advances under the Federal Reserve A ct and
Regulation A are now in effect at this Bank:

Rates on Discounts and Advances

Per Annum

Effective from

Discounts for and advances to member banks under
Section 13 and 13a of the Federal Reserve A c t ....................

11%

September 19, 1979

Advances to member banks under Section 10(b)
when secured by mortgages on one-to-four family
residential p r o p e r ty .......................................................................

11 %

September 19, 1979

Advances to member banks under Section 10(b),
except as otherwise provided in this schedule......................

1 1 V2 %

September 19, 1979

Advances to member banks for prolonged periods
and in significant amounts under Section 10(b) and
Section 201.2(e)(2) of Regulation A ............................................

12%

September 19, 1979

Advances to individuals, partnerships, and corporations
other than member banks, secured by direct obligations
of the United States, under the last paragraph of
Section 13 of the Federal Reserve A c t .....................................

14%

September 19, 1979

9-18-79

A -1