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Federal Reserve Bank Capital Stock

Fed · final-rule · Published 2021-12-08 · Effective 2022-01-07 · 86 FR 69578

Document

Document number
2021-26542
Federal Register citation
86 FR 69578
CFR reference
12 CFR 209
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2021-12-08
Effective date
2022-01-07
Docket
Regulation I

Abstract

The Board of Governors (Board) is publishing a final rule that applies an inflation adjustment to the threshold for total consolidated assets in Regulation I. Federal Reserve Bank (Reserve Bank) stockholders that have total consolidated assets above the threshold receive a different dividend rate on their Reserve Bank stock than stockholders with total consolidated assets at or below the threshold. The Federal Reserve Act requires that the Board annually adjust the total consolidated asset threshold to reflect the change in the Gross Domestic Product Price Index, published by the Bureau of Economic Analysis (BEA). Based on the change in the Gross Domestic Product Price Index as of October 28, 2021, the total consolidated asset threshold will be $11,229,000,000 through December 31, 2022.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown