General Information

Welcome to the Federal Reserve Discount Window & Payment System Risk website. This section includes an introduction to the Discount Window function as well as Frequently Asked Questions and information on the Mechanics of Borrowing, the Primary and Secondary Lending programs, the Federal Reserve Board's Regulation A, and the Seasonal Lending program.
Current Interest Rates
Primary Credit 0.75%
Secondary Credit 1.25%
Seasonal Credit 0.10%
Fed Funds Target 0 - 0.25%