Regulation A: Extensions of Credit by Federal Reserve Banks

August 12, 2019 Regulation lookup, The Fed 0

Title:
Regulation A: Extensions of Credit by Federal Reserve Banks
Subject: Primary, secondary credit
Agency: Federal Reserve
Status: Final rule
Summary:
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 rate for primary credit 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.
FR Doc: 2019-17173
Date proposed:
Comments due date:

 
Final rule effective date: Rule amendments effective Aug. 12, 2019; rate changes for primary and secondary credit were applicable on Aug. 1, 2019
Rule compliance date:
Agency release:

Related Reg Report item(s):

Fed reduces rates paid to Reserve Banks on primary, secondary credit