← Independent regulator rules (SEC/Fed/FDIC/SBA/FTC/NCUA/CPSC/FHFA/EEOC/NLRB)

Extensions of Credit by Federal Reserve Banks

Fed · final-rule · Published 2003-07-10 · Effective 2003-07-10 · 68 FR 41054

Document

Document number
03-17383
Federal Register citation
68 FR 41054
CFR reference
12 CFR 201
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2003-07-10
Effective date
2003-07-10
Docket
Regulation A

Abstract

The Board of Governors of the Federal Reserve System (Board) has adopted final amendments to its Regulation A to reflect the Board's approval of a decrease in the primary credit rate at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically decreased by formula as a result of the Board's primary credit rate action. In addition, the Board is inserting a footnote to Sec. 201.51 clarifying that the rates described in that section apply to both advances and discounts made under the primary, secondary, and seasonal credit programs. The Board's amendments also correct a typographical error in Sec. 201.51(c).

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown