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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; Change in Discount Rate), to reflect its approval of a decrease 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 April 18, 2001, 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 Part 201 continues to read as follows:

Authority: 12 U.S.C. 343 et seq., 347a, 374b, 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 4.0 April 18, 2001
New York 4.0 April 18, 2001
Philadelphia 4.0 April 18, 2001
Cleveland 4.0 April 18, 2001
Richmond 4.0 April 19, 2001
Atlanta 4.0 April 18, 2001
Chicago 4.0 April 19, 2001
St. Louis 4.0 April 20, 2001
Minneapolis 4.0 April 18, 2001
Kansas City 4.0 April 18, 2001
Dallas 4.0 April 18, 2001
San Francisco 4.0 April 18, 2001
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Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 2001
Words:229
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