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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 May 16, 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 6.0 May 16, 2000
New York 6.0 May 19, 2000
Philadelphia 6.0 May 18, 2000
Cleveland 6.0 May 16, 2000
Richmond 6.0 May 16, 2000
Atlanta 6.0 May 17, 2000
Chicago 6.0 May 17, 2000
St. Louis 6.0 May 18, 2000
Minneapolis 6.0 May 18, 2000
Kansas City 6.0 May 17, 2000
Dallas 6.0 May 17, 2000
San Francisco 6.0 May 16, 2000
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Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2000
Words:229
Previous Article:Minutes of the Meeting of the Federal Open Market Committee Held on March 21, 2000.
Next Article:JOINT FINAL RULE -- AMENDMENT TO FINAL PRIVACY RULES.
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