# Extensions of Credit by Federal Reserve Banks; Change in Discount Rate
> **US Federal Reserve System** · Final rule. · Published 1998-12-01 · Effective 1998-11-17 · 63 FR 66001
## Document
- **Document number:** 98-31976
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 63 FR 66001
- **CFR reference:** 12 CFR 201
- **Publication date:** 1998-12-01
- **Effective date:** 1998-11-17
- **Docket:** Regulation A
## Abstract

The Board of Governors has amended its Regulation A on Extensions of Credit by Federal Reserve Banks to reflect its approval of a decrease in the basic discount rate at each Federal Reserve Bank. The Board acted on requests submitted by the Boards of Directors of the twelve Federal Reserve Banks.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/12/01/98-31976/extensions-of-credit-by-federal-reserve-banks-change-in-discount-rate)
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