# Risk-Based Capital Guidelines; Leverage Capital Guidelines
> **US Federal Reserve System** · Interim final rule with request for public comment. · Published 2008-09-26 · Effective 2008-09-19 · 73 FR 55706
## Document
- **Document number:** E8-22702
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 73 FR 55706
- **CFR reference:** 12 CFR 208
- **Publication date:** 2008-09-26
- **Effective date:** 2008-09-19
- **Docket:** Regulations H and Y
## Abstract

To reduce liquidity and other strains being experienced by money market mutual funds, the Federal Reserve System adopted on September 19, 2008, a special lending facility (ABCP Lending Facility) that enables depository institutions and bank holding companies to borrow from the Federal Reserve Bank of Boston on a nonrecourse basis if they use the proceeds of the loan to purchase certain types of asset-backed commercial paper (ABCP) from money market mutual funds. To facilitate this Federal Reserve lending program, the Board of Governors of the Federal Reserve System (Board) also has adopted, on an interim final basis, an exemption from its leverage and risk-based capital rules for ABCP held by a state member bank or bank holding company as a result of its participation in this program.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2008/09/26/E8-22702/risk-based-capital-guidelines-leverage-capital-guidelines)
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