# Regulation A: Extensions of Credit by Federal Reserve Banks
> **US Federal Reserve System** · Final rule. · Published 2018-05-09 · Effective 2018-06-08 · 83 FR 21167
## Document
- **Document number:** 2018-09805
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 83 FR 21167
- **CFR reference:** 12 CFR 201
- **Publication date:** 2018-05-09
- **Effective date:** 2018-06-08
- **Docket:** Docket No. R-1585
## Abstract

The Board of Governors of the Federal Reserve System (Board) is adopting final amendments to its Regulation A to revise the provisions regarding the establishment of the primary credit rate in a financial emergency and to delete the provisions relating to the use of credit ratings for collateral for extensions of credit under the former Term Asset-Backed Securities Loan Facility (TALF). The final amendments are intended to allow the regulation to address circumstances in which the Federal Open Market Committee (FOMC) has established a target range for the federal funds rate rather than a single target rate, and to reflect the expiration of the TALF program.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2018/05/09/2018-09805/regulation-a-extensions-of-credit-by-federal-reserve-banks)
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