Archive - 2006

FOMC Statement link off site
Source: The Federal Reserve Board

December 12, 2006

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5.25 percent

FOMC Statement link off site
Source: The Federal Reserve Board

October 25, 2006

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5.25 percent

Changes to Discount Window & PSR Margins
September 22, 2006

A 97% margin was established for Bankers Acceptances, Certificates of Deposit, and Commercial Paper with market prices and a duration of 0-5 years

FOMC Statement link off site
Source: The Federal Reserve Board

September 20, 2006

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5.25 percent

Notice to Institutions Regarding Operating Circular No. 10
September 15, 2006

Please be advised that the Federal Reserve Banks will be revising Operating Circular No. 10, effective October 15, 2006

FOMC Statement link off site
Source: The Federal Reserve Board

August 8, 2006

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5.25 percent

FOMC Statement link off site
Source: The Federal Reserve Board

June 29, 2006

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 5.25 percent

Fedwire Securities - Payments System Risk Policy Changes
Source: Federal Reserve Financial Services

January 31, 2006

The Federal Reserve Banks' policy statement on Payments System Risk is being modified, effective July 20, 2006. These changes will impact the processing of interest and redemption payments for securities issued by government-sponsored enterprises (GSEs) and certain international organizations

Current Interest Rates
Primary Credit 0.75%
Secondary Credit 1.25%
Seasonal Credit 0.25%
Fed Funds Target 0 - 0.25%