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FINAL RULE--AMENDMENT TO REGULATION A.

The Board of Governors is amending 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 March 21, 2000, 12 C.F.R. Part 201 is amended as follows:

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--Adjustments 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 5.5 March 21, 2000
New York 5.5 March 21, 2000
Philadelphia 5.5 March 21, 2000
Cleveland 5.5 March 21, 2000
Richmond 5.5 March 21, 2000
Atlanta 5.5 March 21, 2000
Chicago 5.5 March 21, 2000
St. Louis 5.5 March 22, 2000
Minneapolis 5.5 March 21, 2000
Kansas City 5.5 March 21, 2000
Dallas 5.5 March 23, 2000
San Francisco 5.5 March 21, 2000
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Title Annotation:Extensions of Credit by Federal Reserve Banks
Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2000
Words:229
Previous Article:Minutes of the Meeting of the Federal Open Market Committee Held on February 1-2, 2000.
Next Article:FINAL RULE--AMENDMENT TO REGULATION Z.
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