| Title: |
Regulation A: Extensions of Credit by Federal Reserve Banks
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| 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.
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| FR Doc: | 2019-17173 |
| Date proposed: | |
| Comments due date: |
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| 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: |
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| Related Reg Report item(s): |
Fed reduces rates paid to Reserve Banks on primary, secondary credit |