Select Your FRB Payment System Risk Collateral Discount Rates Agreements Guidelines General Information
Current Interest Rates
Primary Credit 0.50%
Secondary Credit 1.00%
Seasonal Credit 0.15%
Fed Funds Target 0 - 0.25%
Press Releases & Announcements   |   Archive
Federal Reserve Term Auction Announcement link off site
Source: The Federal Reserve Board

February 8, 2010

The Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today

Reduction in Maximum Maturity of Primary Credit Loans link off site
Source: The Federal Reserve Board

November 17, 2009

The Federal Reserve announced that it approved a reduction in the maximum maturity of primary credit loans to 28 days from 90 days effective January 14, 2010

Acceptance of TCCULGP as collateral
December 7, 2009

The Federal Reserve is formally announcing the acceptance of senior unsecured debt issued under the NCUA's Temporary Corporate Credit Union Liquidity Guarantee Program (TCCULGP)

Planned Enhancements Supporting Implementation of the PSR Policy Revisions
June 17, 2009

The Federal Reserve has prepared a document to outline planned enhancements to its collateral and information systems and procedures, which complement revisions to the Payment System Risk Policy