Select Your FRB Payment System Risk Collateral Discount Rates Agreements Guidelines General Information

Collateral Information

Recent Collateral Announcements:

  • August 19, 2009 announcement regarding new collateral margins for discount window lending and payment system risk purposes, effective October 19, 2009
All Discount Window loans must be fully secured. The resources in this section are intended to help depository institutions determine the appropriateness of collateral for pledging and to facilitate the process of establishing collateral arrangements.


Current Interest Rates
Primary Credit 0.50%
Secondary Credit 1.00%
Seasonal Credit 0.15%
Fed Funds Target 0 - 0.25%