Regulation A: Extensions of Credit by Federal Reserve Banks
|Subject:||Primary, secondary credit|
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.
|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:|
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