Printer Friendly

FINAL RULE--AMENDMENT TO REGULATION A.

The Board of Governors has amended 12 C.F.R. Part 201, its Regulation A (Extensions of Credit by Federal Reserve Banks), to reflect its approval of an increase in the basic discount rate at each Federal Reserve Bank. The Board acted on requests submitted by the Boards of Directors of the twelve Federal Reserve Banks.

Effective February 2, 2000, 12 C.F.R. Part 201 is amended as follows. The rate changes for adjustment credit were effective on the dates specified in 12 C.F.R. 201.51.

Part 201--Extensions of Credit by Federal Reserve Banks (Regulation A)

1. The authority citation for 12 C.F.R. Part 201 continues to read as follows:

Authority: 12 U.S.C. 343 et seq., 347a, 347b, 347c, 347d, 348 et seq., 357, 374, 374a and 461.

2. Section 201.51 is revised to read as follows:

Section 201.51--Adjustment credit for depository institutions.
The rates for adjustment credit provided to depository
institutions under section 201.3(a) are:

Federal Reserve Bank Rate Effective

Boston 5.25 February 2, 2000
New York 5.25 February 2, 2000
Philadelphia 5.25 February 2, 2000
Cleveland 5.25 February 2, 2000
Richmond 5.25 February 2, 2000
Atlanta 5.25 February 2, 2000
Chicago 5.25 February 2, 2000
St. Louis 5.25 February 2, 2000
Minneapolis 5.25 February 3, 2000
Kansas City 5.25 February 2, 2000
Dallas 5.25 February 4, 2000
San Francisco 5.25 February 2, 2000


ORDERS ISSUED UNDER INTERNATIONAL BANKING ACT

Dexia Project and Public Finance International Bank Paris, France
COPYRIGHT 2000 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2000
Words:263
Previous Article:Minutes of the Meeting of the Federal Open Market Committee Held on December 21, 1999.
Next Article:ORDERS ISSUED UNDER INTERNATIONAL BANKING ACT.
Topics:


Related Articles
FINAL RULE--AMENDMENT TO REGULATION A.
FINAL RULE--AMENDMENT TO REGULATION A.
FINAL RULE--AMENDMENT TO REGULATION A.
FINAL RULE--AMENDMENT TO REGULATION A.
FINAL RULE -- AMENDMENT TO REGULATION A.
Final rule--amendment to regulation A. (Legal Developments).
Final rule-amendment to regulation A. (Legal Developments).
Final rule-amendment to Regulation Z. (Legal Developments).
Final rule--amendment to Regulation A. (Legal Developments).

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters