WASHINGTON, Sept. 30 -- Federal Reserve System has issued a rule called: Regulation A: Extensions of Credit by Federal Reserve Banks.
The rule was published in the Federal Register on Sept. 30 by Michele Taylor Fennell, Associate Secretary of the Board.
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 an increase in the rate for primary credit at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically increased by formula as a result of the Board's primary credit rate action.
For more information, contact M. Benjamin Snodgrass, Special Counsel 202-263-4877), Legal Division, or Nicole Trachman, Senior ...